Nivee Holdings Private Limited, a promoter group entity of Rain Industries Limited, disclosed the acquisition of an additional 80,000 equity shares on March 25, 2026, from the open market. This purchase marginally increased the promoter group’s total holding. Following the transaction, the collective shareholding of the promoter group stands at 41.35% of the total share capital of the company.
Acquisition by Promoter Entity
Rain Industries Limited announced that its promoter entity, Nivee Holdings Private Limited, executed a purchase of equity shares in the company. The acquisition occurred on the open market on March 25, 2026.
The transaction involved the purchase of 80,000 equity shares, which represents an increase of 0.0238% in the shareholding of the acquirer.
Updated Promoter Group Holding
The disclosure detailed the pre- and post-acquisition shareholding across the entire promoter group. Prior to this transaction, the combined shareholding of the promoter group stood at 13,89,35,053 shares, accounting for 41.31% of the total share capital.
Post-acquisition, the total number of shares held by the group has risen to 13,90,68,353 shares. This new total constitutes 41.35% of the company’s total share capital. The total equity share capital of Rain Industries Limited before and after the acquisition remained constant at 33,63,45,679 Equity Shares of Rs. 2/- each.
Key Transactions within the Group
While the overall group percentage saw a modest rise, the individual holdings within the group remained stable, with the exception of the acquirer:
- Nivee Holdings Private Limited increased its holding from 8,543,250 shares (2.54%) to 8,623,250 shares (2.56%).
- Entities such as Sujala Investments Private Limited maintained a significant stake of 37,976,174 shares (11.29%) post-acquisition.
- The largest individual holders, Ms. N. Anupama Reddy and Mr. N. Radhakrishna Reddy, maintained their respective holdings contributing 8.12% and 3.09% to the company’s capital.
The disclosure confirms that Nivee Holdings Private Limited belongs to the Promoter/Promoter group of Rain Industries Limited.
Source: BSE
