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Shakti Pumps Share Price in Focus; Infuses ₹11 Crore into Subsidiary for New Manufacturing Facility

Written by: Team Angel OneUpdated on: 5 Sept 2026, 11:19 pm IST
Shakti Pumps (India) Limited invests ₹11 crore in its subsidiary, Shakti Energy Solutions Limited, for a new manufacturing facility in Pithampur.
Shakti Pumps Share Price in Focus
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On September 5, 2026, Shakti Pumps (India) Limited made a fresh financial investment of ₹11 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited, as per the exchange filings.  

This move is aimed at establishing a new greenfield manufacturing facility in Pithampur, Madhya Pradesh, focusing on high-efficiency solar products. 

Investment Details and Purpose 

On September 5, 2026, Shakti Pumps executed a systematic subscription of equity shares to infuse ₹11 crore into Shakti Energy Solutions Limited.  

This capital will fund the development of a greenfield manufacturing facility dedicated to producing high-efficiency Solar DCR cells and Solar PV modules. The facility is designed to achieve a production capacity of 2.20 GW. 

Subsidiary Profile and Financial Performance 

Incorporated on September 6, 2010, Shakti Energy Solutions Limited specialises in manufacturing advanced solar structures and offering commercial solar rooftop installations.  

The company reported a turnover of ₹239.11 crore for FY26, following revenues of ₹216.53 crore in FY25 and ₹139.59 crore in FY24. 

Greenfield Project in Pithampur 

The upcoming facility in Pithampur represents a technological expansion of Shakti Energy Solutions' manufacturing capabilities. The focus on solar technology aligns with the subsidiary's existing expertise in solar structures and installations. 

Read More: Welspun Corp Share Price Gains Over 4% as It Signs MOU with Perma-Pipe for Pipe Manufacturing and Coating Facilities in Jordan! 

Shakti Pumps Share Price Performance 

As of September 04, 2026, at 3:26 PM, Shakti Pumps share price on NSE was closed at ₹473.00, up by 0.17% from the previous closing price. 

Conclusion 

Shakti Pumps' investment of ₹11 crore in Shakti Energy Solutions Limited aims to establish a new manufacturing facility in Pithampur, with a planned production capacity of 2.20 GW. The subsidiary reported a turnover of ₹239.11 crore in FY26, reflecting its growth trajectory. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Sep 5, 2026, 5:49 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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