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India

Shakti Pumps, India infuses INR 100 million into EV subsidiary

On April 21, Shakti Pumps (India) Limited invested INR 100 million in its wholly owned subsidiary, Shakti EV Mobility Private Limited, by subscribing to 10 million equity shares, taking the total cumulative investment in the subsidiary to INR 650 million.
Shakti EV Mobility, incorporated on December 16, 2021, manufa....

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