Shakti Sons Trust increases stake in Shakti Pumps via family reorganization

Shakti Sons Trust, a promoter of Shakti Pumps (India) Limited, disclosed two significant indirect acquisitions made on August 29, 2025. The trust acquired 3,012,400 (99.95%) equity shares of Shakti Construction & Developers Private Limited and 1,915,055 (99.95%) equity shares of Roulex Investment & Finance Private Limited. Both acquisitions were by way of gift from Dinesh Patidar, a promoter and chairman cum whole-time director of Shakti Pumps (India) and also a settlor and trustee of Shakti Sons Trust.

The acquisition of Construction resulted in an indirect acquisition of 29.92% of Shakti Irrigation India Limited and 1.35% in Shakti Pumps (India) Limited. Similarly, the acquisition of Roulex led to an indirect acquisition of 19.92% of Shakti Irrigation India Limited and 0.90% in the company. These transactions were off-market transfers, held in dematerialized form, and triggered Regulations 3, 4, and 5 of the SAST Regulations, 2011.

The acquisitions were exempted from these regulations by a SEBI order recognizing the internal family reorganization aims of streamlining succession and protecting promoter family welfare without changing ownership or control of Shakti Pumps (India) Limited. The total diluted share/voting capital of the company before and after the said acquisition remains at INR 1,23,39,79,650.