Shakti Pumps Raises ₹2.92 Billion Through Qualified Institutional Placement

The proceeds will be used to set up a solar cell and module manufacturing facility in Madhya Pradesh

July 8, 2025

/ Arjun Joshi

/ Finance and M&A, Solar

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Solar water pump and motor manufacturer Shakti Pumps has raised ₹2.92 billion (~$34.07 million) through a qualified institutions placement (QIP) of shares.

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Arjun Joshi

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