Shakti Pumps (India) Limited (herein referred to as "Shakti Pumps"), India's leading manufacturer of energy-efficient pumps and motors has received a patent for inventing a "ADA CONVERSION BASED CONTACTOR LESS SOFT STARTER". The Patent Office, Government of India, has awarded Shakti Pumps this patent, fully adhering to the provisions set forth in the Patents Act of 1970. This patent is set to maintain its validity for duration of 20 years, commencing from the date of filing. This is the 5th Patent that the company has secured, while also having submitted 25 Patent applications, spanning both domestic and international jurisdictions.
Motor Starter, a cutting-edge IOT device that uses a special technology to provide an incredibly smooth motor start and stop. With the ability to lengthen the starting time up to one minute, this technology offers a soft start together with the advantages of improved starting torque, a jerk-free start, the elimination of inrush current and precise control. Due to its adaptability, it is a smart choice for applications in the any motor, industrial installations, and conveyor belt systems sectors. Due to its jerk-free starting and stopping qualities, which increase mechanical durability and extend motor insulation life, this starter is also a top contender for line start Permanent Magnet Synchronous Motors (PMSMs). This is a retrofit solution for induction machine. Starters, with their motor protection features, inrush current management, and safety provisions, are indispensable for maintaining the reliability of electric motors.
Sharing his views on this vital development, Mr. Dinesh Patidar, Chairman, said: "Customers can use this system remotely via Mobile which can reduce the need for physical presence. For Discom the soft starter would not only reduce stress on the motor and extend its life but also prolong the life of the entire system, including cables, transformers, and other electrical and mechanical components in the transmission system. Overall, this innovation is expected to decrease maintenance requirements and double the system's lifespan."
Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 914.45 as compared to the previous close of Rs. 908.50. The total number of shares traded during the day was 15722 in over 1328 trades.
The stock hit an intraday high of Rs. 944.70 and intraday low of 898.30. The net turnover during the day was Rs. 14467804.00.