Shakti Future Trust has disclosed the acquisition of 10,000 equity shares in Shakti Pumps (India) Limited. This transaction represents a minor increase in its holding, moving from 7.31% to 7.32% of the total voting capital. The disclosure was made in accordance with SEBI regulations concerning substantial acquisition of shares and takeovers. The acquisition occurred on September 16, 2026, through an open market purchase.
Shakti Future Trust Increases Stake in Shakti Pumps
Shakti Future Trust has announced the acquisition of an additional 10,000 equity shares in Shakti Pumps (India) Limited. The disclosure, filed on September 16, 2026, details the transaction as an open market purchase. This acquisition marks a slight increase in Shakti Future Trust’s total holding in the company.
Details of the Transaction
Prior to this acquisition, Shakti Future Trust held 90,16,000 equity shares, representing 7.31% of the total voting capital of Shakti Pumps (India) Limited. Following the purchase of 10,000 shares, the trust’s total holding now stands at 90,26,000 equity shares. This new total constitutes 7.32% of the company’s total share capital, both on a consolidated and diluted basis. The mode of acquisition was specified as an ‘Open Market’ transaction.
Regulatory Compliance
The disclosure has been made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total equity share capital of Shakti Pumps (India) Limited before and after the acquisition remains Rs. 123,39,79,650, comprising 12,33,97,965 Equity Shares of Rs. 10/- each.
Source: BSE
