Acquisition

Date:- 05/09/2026 To, To, The Secretary, The Secretary, Listing Department Corporate Relationship Department National Stock Exchange of India Ltd. BSE Limited Exchange plaza, BKC, Bandra (E) P. J. Towers, Dalal Street Mumbai-MH 400051. Mumbai- MH 400001. REF :-( ISIN- INE908D01010) SCRIP CODE BSE-531431, NSE Symbol -SHAKTIPUMP Subject:-Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Dear Sir/Madam, With reference to the captioned subject, we hereby inform that Shakti Pumps (India) Limited has invested Rs. 11,00,00,000/- (Rupees Eleven Crores Only) in its wholly owned subsidiary i.e. Shakti Energy Solutions Limited. In Shakti Energy Solutions Limited, we are establishing a greenfield high efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW. For the same disclosure under Regulation 30(6) read with Schedule III Part A Para A(1) of the Listing Regulations and the SEBI Master Circular No HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026 is attached as ANNEXURE- I to this letter. You are requested to please take on record our above said information for your reference. Thanking you, Yours faithfully, For Shakti Pumps (India) Limited Ravi Patidar Company Secretary Annexure- I Sl. No. Particulars Description 1. Name of the target entity, details in brief Shakti Energy Solutions Limited (“SESL”) is a such as size, turnover etc. Wholly Owned Subsidiary of the Shakti Pumps (India) Limited (“SPIL”), incorporated on 06th September, 2010. The turnover of SESL for FY26 was Rs. 239.11 Crores. 2. Whether the acquisition would fall within SESL being a Wholly Owned Subsidiary of related party transaction(s) and whether Shakti Pumps and the said investment does the promoter/ promoter group/ group not fall under the Related Party Transaction. companies have any interest in the entity Therefore, Arm’s length basis is not being acquired? If yes, nature of interest applicable. and details thereof and whether the same is done at “arm’s length”; 3. Industry to which the entity being Manufacturer of Solar Structures & Solar acquired belongs Rooftop and further expanding into manufacturing of Solar DCR cell and Solar PV modules 4. Objects and impact of acquisition For setting up, Solar DCR cell and Solar PV (including but not limited to, disclosure of modules manufacturing plant in Pithampur, reasons for acquisition of target entity, if Madhya Pradesh, with a production capacity its business is outside the main line of of 2.20 GW. business of the listed entity) 5. Brief details of any governmental or No Government or regulatory approvals are regulatory approvals required for the required Acquisition 6. Indicative time period for completion of Same Day the acquisition 7. Consideration - whether cash The Investment made in consideration of consideration or share swap or any other Cash by subscribing to Equity Shares of the form and details of the same Target Entity 8. Cost of acquisition and/or the price at Rs. 11.00 Crores which the shares are acquired 9. Percentage of shareholding / control Since, the company is making an Investment acquired and / or number of shares into its Wholly Owned Subsidiary therefore acquired the equity shares will be issued time to time as per the agreement. 10. Brief background about the entity Manufacturing of Solar Structures and deals acquired in terms of products/line of in Solar Rooftop and others. The Company business acquired, date of incorporation, was incorporated on 06th September 2010. history of last 3 years turnover, country The turnover of the Company for the in which the acquired entity has presence previous 3 years is shown in below table:- and any other significant information (in FY 2026 Rs. 239.11 Crores brief); FY 2025 Rs. 216.53 Crores FY 2024 Rs. 139.59 Crores