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Shakti Pumps, India, announces further investment in EV subsidiary
On July 17, Shakti Pumps (India) Limited invested INR 50 million in its wholly owned subsidiary, Shakti EV Mobility Private Limited, by subscribing to 5 million equity shares, taking the total cumulative investment in the subsidiary to INR 700 million. Shakti EV Mobility, incorporated on December 16, 2021, manufactur....
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