Nivee Holdings Private Limited has announced the acquisition of 80,000 equity shares, representing 0.0238% of the total share capital, in Rain Industries Limited on March 25, 2026. The acquisition was executed via the open market. Following this transaction, Nivee Holdings’ total holding in Rain Industries now stands at 2.56% of the total voting capital. This disclosure details the change in shareholding structure between Nivee Holdings and its Persons Acting in Concert (PACs) within the promoter group.
Disclosure of Share Acquisition in Rain Industries
Nivee Holdings Private Limited has officially informed the stock exchanges regarding a recent acquisition of equity shares in Rain Industries Limited (TC). This disclosure is made pursuant to the applicable regulations concerning substantial acquisition of shares and takeovers.
On March 25, 2026, Nivee Holdings acquired 80,000 equity shares carrying voting rights through an open market transaction. This represents a marginal increase of 0.0238% in the total share capital of Rain Industries.
Holding Position Before and After Transaction
Prior to this latest acquisition, Nivee Holdings Private Limited and its Persons Acting in Concert (PACs) held 85,43,250 shares, equating to 2.54% of the total equity capital.
Following the purchase, the cumulative holding has increased to 86,23,250 equity shares. This new holding constitutes 2.56% of the total voting capital of Rain Industries Limited. The total diluted share/voting capital of the Target Company remains constant at 33,63,45,679 Equity Shares of Rs. 2/- each before and after the transaction.
Promoter Group Shareholding Details
The filing also provided an updated summary of the promoter group’s shareholding in Rain Industries Limited, detailing the impact of the acquisition on the collective stake. Key figures illustrating the change are:
- The total promoter group holding pre-acquisition was 41.31% (13,89,35,053 shares).
- The total promoter group holding post-acquisition has increased slightly to 41.35% (13,90,68,353 shares).
- Nivee Holdings Private Limited’s individual stake moved from 2.54% (8,543,250 shares) to 2.56% (8,623,250 shares).
The acquisition was executed via Purchase of Equity Shares from Open Market. The filing was authorized by N. Sujith Kumar Reddy, Director of Nivee Holdings Private Limited, on March 26, 2026.
Source: BSE
