The board of directors of Shakti Pumps India Ltd has recommended the final dividend of Rs. 2/- per Equity Shares of face value of Rs. 10/each i.e., 20% for the financial year ended March 31, 2023.
Major industry players are C. R. I. Pumps Private Limited, Tata Power Solar Systems Ltd, Shakti Pumps, Wenling Jintai Pump Factory Limited, Bright Solar Limited
Shakti Pumps India Ltd, has expanded its presence in another export market with the commencement of operations in Uganda and opened a branch office in the country.
The rating demonstrates the company’s focus on balance-sheet growth. Going forward, the company aims to maintain its 30-40% of the market share of the KUSUM scheme while further optimising operations