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Home EV Battery

Shakti Pumps Commits ₹390 Million to Boost EV Mobility Business

Palak by Palak
February 19, 2025
in EV Battery
Reading Time: 1 min read
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Shakti Pumps
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Shakti Pumps Limited has invested Rs 390 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 4,000,000 equity shares of face value Rs 10 each.

Shakti EV Mobility will focus on manufacturing, processing, trading, and distribution of EV motors and charger controllers. The subsidiary aims to develop and expand its business in the EV mobility sector.

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