Shakti Pumps (India) Limited
ITI Mutual Fund no longer appears among Shakti Pumps (India) Limited's disclosed shareholders, having last held 1.04 percent. This reflects either a full exit or a trim below the 1 percent disclosure level.
A manufacturer of pumps and motors serving irrigation, horticulture, domestic water supply, and industrial applications across India and international markets. Shakti Pumps designs and produces advanced water pumping solutions tailored to diverse customer needs in agricultural and commercial sectors. The company's Shakti brand is recognized for reliability and quality performance in both domestic and export segments.
Independent AMC backed by institutional investors, founded by former Reliance MF and Birla executives. Manages over Rs 5,000 crore. ITI Multi-Cap Fund and ITI Long Term Equity Fund are its flagship equity offerings. Positions itself as a boutique, research-driven equity house with strong fundamental analysis capabilities.