Sujala Investments Private Limited, a member of the promoter group of Rain Industries Limited, has disclosed the acquisition of 53,300 equity shares of the company. This transaction, which equates to 0.0158% of the total share capital, was executed on the open market on March 25, 2026. Following the purchase, the promoter group’s total shareholding has increased to 11.29%, demonstrating continued confidence in the company’s prospects.
Insider Trading Disclosure Filed
Rain Industries Limited has formally notified stock exchanges regarding a transaction involving a key promoter entity. Sujala Investments Private Limited, categorized as a member of the Promoter Group, reported the acquisition of additional securities in the company.
Details of Share Acquisition
The disclosure confirms that 53,300 equity shares were purchased from the open market on March 25, 2026. The value associated with this transaction was Rs. 5,870,934. Prior to this purchase, the entity held 37,922,874 shares, representing 11.27% of the company. This recent acquisition has increased their holding to 37,976,174 shares, translating to 11.29% of the total equity.
Regulatory Compliance
The filing, submitted by the Company Secretary, confirms that the disclosure was made in compliance with the applicable insider trading regulations for continual disclosure purposes. The intimation to the exchanges was executed on March 26, 2026. No transactions in derivatives were reported by the entity.
Source: BSE
