Shakti Pumps (India) Limited has fulfilled its regulatory compliance obligations by submitting the mandatory confirmation certificate under SEBI regulations for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to securities market regulations governing dematerialisation processes.

Regulatory Compliance Submission

The company submitted its confirmation certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 to both major stock exchanges on April 8, 2026. Company Secretary Ravi Patidar signed and submitted the compliance documents to the National Stock Exchange of India Limited and BSE Limited.

Registrar Confirmation Details

M/s Adroit Corporate Services Private Limited, serving as the company's registrar and share transfer agent, issued the confirmation certificate on April 1, 2026. The certificate validates that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories.

Compliance Verification Process

The registrar confirmed several key compliance aspects in their certificate:

• Securities received for dematerialisation were confirmed (accepted/rejected) to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were mutilated and cancelled after due verification
• Depositories' names were substituted in the register of members as registered owners within 15 days

Corporate Information

Adroit Corporate Services Private Limited, located at Jaferbhoy Industrial Estate, Makwana Road, Marol Naka, Andheri (E), Mumbai, serves as the registrar and share transfer agent for the company. The entity operates under CIN: U67190MH1994PTC079160 and maintains comprehensive records for the dematerialisation process.

This quarterly compliance submission ensures transparency in the company's securities handling processes and maintains regulatory adherence as required by SEBI guidelines for listed companies.

Shakti Pumps (India) Limited has announced a strategic investment of ₹5 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited, to establish a greenfield solar manufacturing facility. The investment, disclosed under Regulation 30 of SEBI listing regulations, aims to set up a high-efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh.

Investment and Facility Details

The comprehensive investment will support the development of a substantial solar manufacturing operation with significant production capacity.

Subsidiary Performance and Background

Shakti Energy Solutions Limited, incorporated on 06th September 2010, has demonstrated strong growth in recent years. The subsidiary currently manufactures solar structures and deals in solar rooftop solutions.

Regulatory and Transaction Structure

The investment does not fall under related party transactions despite being made in a wholly owned subsidiary. The company has confirmed that no government or regulatory approvals are required for this investment. The investment will be made through equity shares issued by Shakti Energy Solutions Limited, with shares to be issued from time to time as per the agreement.

Strategic Expansion into Solar Manufacturing

This investment represents Shakti Pumps' strategic expansion into solar energy manufacturing, leveraging its subsidiary's existing expertise in solar structures and rooftop solutions. The focus on DCR-compliant products aligns with domestic content requirements, positioning the company to capitalize on India's growing solar energy sector. The 2.20 GW production capacity represents a substantial manufacturing capability in the renewable energy space.