Shakti Pumps India Ltd invests in Shakti Green Industries Pvt Ltd

Shakti Pumps India Ltd has invested Rs. 5,40,00,000/- [Rupees Five Crores Forty Lacs Only] in its wholly owned subsidiary i.e. Shakti Green Industries Private Limited by subscribing to 54,00,000 Equity Shares of Rs. 10/- (Rupees Ten only) each. The consolidated investment is Rs. 6,66,00,000/- [Rupees Six Crore Sixty Six Lacs 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. 478.20 as compared to the previous close of Rs. 472.40. The total number of shares traded during the day was 2512 in over 272 trades.

The stock hit an intraday high of Rs. 483.05 and intraday low of 473.65. The net turnover during the day was Rs. 1201962.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia INE908D01010 Investment ShaktiGreenIndustries