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BSE Announcement Details

As on : 05-Jul-2025
Shakti Pumps (India) allots 31.87 lakh equity shares under QIP issue
 <P>&nbsp;<A href=javascript:AddCoCode(6580,'SHAKTI PUMPS','Shakti Pumps (India) ')><FONT color=black>Shakti Pumps (India)</FONT></A><FONT color=black>&nbsp;</FONT>has allotted 31,87,365 equity shares of face value of Rs 10 each&nbsp; to eligible qualified institutional buyers at the issue price of Rs. 918/?] per equity share (including a premium of Rs. 908/?] per equity share) which is at a discount of 4.97% to the floor price of Rs. 965.96/- per equity share, aggregating to approximately Rs. 292.6 crore, pursuant to the Issue in accordance with the SEBI ICDR Regulations. </P> <P>The issue opened on 02 July 2025 and closed on 04 July 2025. </P> <P>With this allotment, the paid up equity share capital has increased from Rs. 120,21,06,000/- comprising of 12,02,10,600 equity shares to Rs. 123,39,79,650/- comprising of 12,33,97,965 equity shares.</P>

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