NSEBagging/Receiving of orders/contracts4 Jul 2026 · 4 Jul 2026, 02:53 pm

Bagging/Receiving of orders/contracts

Shakti Pumps (India) Limited · SHAKTIPUMP

✦ AI Summary▲ PositiveOrder Win

Shakti Pumps (India) Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 15,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps under Magel Tyala Saur Krushi Pump Yojana, with a total value of around Rs. 353.89 Crores (inclusive of GST).

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Shakti Pumps (India) Limited has informed the Exchange that Company has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 15,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps under Magel Tyala Saur Krushi Pump Yojana. The total value of the 15,000 pumps is around Rs. 353.89 Crores (inclusive of GST).

Attachments (1)

📄

SHAKTIPUMP_04072026145311_LetterofAwardfromMSEDCL.pdf

pdf

Download →
View document text
Date: 04/07/2026 To, To, The Secretary, The Secretary, Listing Department Corporate Relationship Department National Stock Exchange of India Ltd. BSE Limited Exchange plaza, BKC, Bandra P. J. Towers, Dalal Street Mumbai – MH 400051. Mumbai- MH 400001. REF: -(ISIN- INE908D01010) SCRIP CODE BSE-531431, NSE Symbol -SHAKTIPUMP Subject:- Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Dear Sir/Madam, PShuarskutai ntP utom Rpesg u(lIantdioina )3 0L iomf iSteEdB I h(Laiss tirnegc eOibvleidga taio nLse tatnedr Doisf clEomsuprae nReelqmueirnetm fernotms) RMeaghualartaisohntsr, a2 0S1ta5t ere Eadle wctirtihc iStcyh Dedisutlrei bIIuI ttihoenr eCoof,m wpea wnyo uLlidm liikteed t of oinr fo1r5m,0 y0o0u O thffa-tG trhide Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP Magel Tyala Saur Krushi Pump Yojana 15,000 Rs. 353.89 Crores (inclusive of GST) for the entire state of Maharashtra under . The total value of the pumps is around which is to be executed within 60 days from the issuance of work order/NTP. Annexure – I. Details as per SEBI Circular no SEBI/HO/CFD/CFD‐PoD‐1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Kindly take the same on record and acknowledge the receipt of the same. Thanking You, YFoour rSsh faakitthif Pululym, ps (India) Limited Ravi Patidar Company Secretary Annexure – I S. No. Particulars Details 1. Name of the entity awarding the Maharashtra State Electricity Distribution order(s)/contract(s) Company Limited 2. Whether order(s) / contract(s) have Domestic been awarded by domestic/ international entity 3. Significant terms and conditions of Design, Manufacture, Supply, Transport, order(s)/contract(s) awarded, in Installation, Testing and Commissioning brief of Off‐Grid Solar Photovoltaic Water Pumping Systems. 4. Time period if any, associated with Within 60 days from the date of issuance the order(s)/contract(s) of Work Order/Notice to Proceed (NTP). 5. Broad commercial consideration or The total amount of the work order is size of the order(s)/contract(s) Rs. 324.96 Crores and with GST the amount is Rs. 353.89 Crores. 6. Whether the promoter/ promoter No group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; 6. Whether the order(s)/contract(s) No would fall within related party transactions? If yes, whether the same is done at “arm’s length”