Shakti Pumps India Ltd invests in Shakti Green Industries Pvt Ltd

Shakti Pumps India Ltd has invested Rs. 60,00,000/- (Rupees Sixty Lacs Only) in its wholly owned subsidiary i.e. Shakti Green Industries Private Limited by subscribing to 6,00,000 Equity Shares of Rs. 10/- (Rupees Ten each). The consolidated investment is Rs. 7,26,00,000/- (Rupees Seven Crore Twenty Six Lacs Only) after subscribing aforesaid equity shares.

- Shakti Green Industries Private Limited ("the Company") is incorporated as Wholly Owned Subsidiary by Shakti Pumps (India) Limited ("SPIL") 16th December, 2021.

- The Company is engaged in manufacturing, trade, buy, sale of Electric Vehicle motors, Charging stations for Home/ Commercial/ Highways, Battery management systems, Electric Control Panels, VFDs, IoT based Smart Electric Control Panel, Controllers, Universal Controllers, Battery Charging System, Customized / Integrated Electronic / Electrical Control Panel.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia Investment Subsidiary ShaktiGreenIndustries ElectricVehicleMotors