Rainbow Investments Increases Stake in PCBL Chemical to 47.43%

Rainbow Investments Limited (RIL) has increased its stake in PCBL Chemical Limited to 47.43%. RIL, the promoter of PCBL, acquired an additional 13,600,000 equity shares through the exercise of warrants. This acquisition further solidifies RIL’s position in the target company. The transaction was completed on November 3, 2025.

Stake Acquisition Details

Rainbow Investments Limited (RIL) has announced the acquisition of additional equity shares in PCBL Chemical Limited. This acquisition has increased RIL’s overall holding in PCBL. Previously, RIL held 17,30,30,740 equity shares, representing 45.84% of the target company.

Acquisition Through Warrant Exercise

The acquisition of 13,600,000 equity shares was executed through the exercise of warrants. This increased RIL’s total shareholding in PCBL Chemical Limited to 18,66,30,740 equity shares. The transaction, finalized on November 3, 2025, has resulted in RIL holding 47.4329% of the total share/voting capital of PCBL Chemical Limited.

Post-Acquisition Capital Structure

Prior to this acquisition, the equity share capital/total voting capital of PCBL was INR 37,74,62,604. Following the acquisition, this increased to INR 39,34,62,604. The total diluted share/voting capital of PCBL after the acquisition is INR 39,34,62,604.

Source: BSE

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