Shakti Sons Trust acquires 9,000 shares of Shakti Pumps India, raising stake to 18.36%

What Shakti Sons Trust announced

Shakti Sons Trust, acting as a trustee, filed a disclosure with the Bombay Stock Exchange on 16 June 2026 under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing confirms that the trust acquired 9,000 equity shares of Shakti Pumps (India) Limited in an open‑market transaction dated 1 June 2026. The purchase raised the trust’s total holding to 2,26,54,600 shares, which corresponds to 18.36 % of the company’s total voting capital after the acquisition.

Details of the acquisition

• Acquirer: Shakti Sons Trust (trustee Dinesh Patidar)
• Target: Shakti Pumps (India) Limited (BSE 531431, NSE SHAKTIPUMP)
• Shares acquired: 9,000 equity shares
• Mode of acquisition: Open market
• Date of acquisition: 1 June 2026
• Pre‑acquisition holding: 2,26,45,600 shares (18.35 % of voting capital)
• Post‑acquisition holding: 2,26,54,600 shares (18.36 % of voting capital)
• Share capital: The equity share capital of the target company before the transaction was Rs 123,39,79,650 (12,33,97,965 equity shares of Rs 10 each). After the transaction the capital remained unchanged at Rs 123,39,79,650, reflecting that the acquisition was purely a transfer of existing shares.

The filing also notes that there were no encumbrances, pledges, or convertible securities involved in the transaction. The trust’s shareholding increase of 0.01 % is purely the result of the additional 9,000 shares purchased.

Key facts at a glance

Why this matters for investors

The disclosure is a statutory requirement under SEBI’s Substantial Acquisition of Shares & Takeovers (SAST) Regulations, which aim to keep the market informed about changes in shareholding that could affect control of a listed entity. While the increase of 9,000 shares is modest in absolute terms, it formally records that Shakti Sons Trust now holds 18.36 % of the voting capital, marginally above its previous 18.35 % stake. The filing confirms that the acquisition was conducted transparently through the open market, with no related party or preferential allotment involved. For shareholders, the key implication is that the trust’s voting power has not materially changed, and there is no immediate dilution or capital restructuring associated with the transaction.

Conclusion

Shakti Sons Trust’s open‑market purchase of 9,000 shares of Shakti Pumps India Ltd. was disclosed on 16 June 2026 in compliance with SEBI Regulation 29(2). The transaction raised the trust’s holding to 2,26,54,600 shares, representing 18.36 % of the company’s voting capital, a marginal increase of 0.01 % from its prior stake. No further approvals or actions are pending under the filing, and the shareholding pattern remains largely unchanged.

"The acquisition was made in the open market on 1 June 2026 and increased the trust’s holding to 18.36 % of voting capital," the filing states.