Shakti Pumps India Limited invests Rs. 75 lakhs in Subsidiary

Shakti Pumps (India) Limited has invested Rs. 75,00,000/- (Rupees Seventy Five Lakhs Only) in its wholly owned subsidiary i.e. Shakti Green Industries Private Limited by subscribing to 7,50,000 (Rupees Seven Lakhs Fifty Thousand Only) Equity Shares of Rs. 10/- (Rupees Ten only) each. The consolidated investment is Rs. 1,26,00,000/- (Rupees One Crore Twenty Six Lakhs only) after subscribing aforesaid equity shares. Shakti Green Industries private Limited is into the business of manufacturing of EV Chargers, EV Motor and controllers.

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 454.00 as compared to the previous close of Rs. 471.60. The total number of shares traded during the day was 2068 in over 282 trades.

The stock hit an intraday high of Rs. 470.35 and intraday low of 452.50. The net turnover during the day was Rs. 949091.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia INE908D01010 Invetment ShaktiGreenIndustries