Nivee Holdings Private Limited, a member of the Promoter Group of Rain Industries Limited, has reported the acquisition of 4,00,000 equity shares, representing 0.1189% of the total share capital. The transaction occurred on the open market on March 24, 2026. This acquisition increased the total holding of Nivee Holdings within the promoter group to 8,543,250 shares (2.54%), reflecting continued confidence in the company.
Insider Transaction Report Filed
Rain Industries Limited has received notification from Nivee Holdings Private Limited regarding a recent change in shareholding by a member of the Promoter Group. This disclosure pertains to an acquisition made on the open market, detailed under the Continual Disclosures regulations.
Details of Share Acquisition
The transaction took place on March 24, 2026. Nivee Holdings Private Limited purchased 4,00,000 Equity Shares of Rain Industries Limited through an open market transaction. The value of this specific purchase was Rs. 41,56,291.80.
Change in Total Holding
Prior to this acquisition, the Promoter Group entity held 8,143,250 shares, equating to 2.42% of the total issued capital. Following the purchase, the post-acquisition holding stands at 8,543,250 shares, which translates to an increased stake of 2.54% in Rain Industries Limited.
Regulatory Compliance
The filing, dated March 25, 2026, confirms that the requisite disclosure format (Form C) was submitted to the stock exchanges (BSE and NSE) to report this change in holding by the Promoter entity, ensuring adherence to compliance mandates.
Source: BSE
