Shakti Pumps (India) Limited has announced a significant investment of ₹5.00 Crores in its wholly-owned subsidiary, Shakti Energy Solutions Limited, to facilitate the establishment of a greenfield manufacturing plant in Pithampur, Madhya Pradesh. This new facility will focus on producing high-efficiency Solar DCR (Domestic Content Requirement) cells and Solar PV modules with an ambitious production capacity of 2.20 GW. The investment is part of a phased equity issuance agreement intended to bolster the subsidiary’s manufacturing capabilities in the renewable energy sector.

The board’s decision to invest in Shakti Energy Solutions Limited marks a critical step in the company’s backward integration strategy for its solar pumping business. By manufacturing its own Solar PV modules and cells, the company aims to enhance control over its supply chain and meet the rising demand for solar-powered solutions in the domestic market. This project aligns with the SEBI disclosure requirements under Regulation 30, highlighting the company’s commitment to transparency regarding its strategic long-term capital allocations.

Shakti Pumps is a global leader in the manufacturing of energy-efficient stainless-steel submersible pumps and solar pumping solutions, primarily catering to the agricultural, industrial, and domestic sectors. In March 2026, the company secured a major order for 16,780 solar pumps from Karnataka Renewable Energy Development Limited (KREDL), valued at approximately ₹6.54 Billion. Furthermore, the company has recently benefited from the extension of the Jal Jeevan Mission until 2028, which is expected to drive sustained demand for water infrastructure components across rural India.

For the quarter ended December 31, 2025 (Q3 FY26), the company reported a consolidated revenue of ₹558.69 Crores, representing a decline of 16.8% quarter-on-quarter and 14.4% year-on-year. Net profit for the same period stood at ₹31.70 Crores, reflecting a significant drop of 69.5% compared to the corresponding quarter of the previous year. Notable institutional investors as of December 2025 include LIC Mutual Fund, which holds a 3.96% stake, and ITI Mutual Fund, which holds a 1.29% stake in the company.