Rain Industries Limited announced that its Promoter Group entity, Nivee Holdings Private Limited, acquired 4,000 equity shares of the company on March 27, 2026, from the open market. This acquisition increased Nivee Holdings’ stake by 0.0012%. Following the transaction, the total shareholding of the Promoter Group, including Nivee Holdings, remains substantial at 41.35% of the total capital.
Acquisition Disclosure by Promoter Group
Rain Industries Limited has formally informed the stock exchanges regarding a recent acquisition of its shares by a key member of the Promoter Group. The disclosure pertains to the transaction executed on March 27, 2026.
Details of Share Acquisition
The acquiring entity is Nivee Holdings Private Limited, acting as a Promoter. The transaction involved the purchase of 4,000 equity shares through an open market transaction. This quantity corresponds to an incremental stake of 0.0012% in the total voting capital of Rain Industries Limited.
Prior to this acquisition, Nivee Holdings held 86,23,250 shares, representing 2.56% of the company. Post-acquisition, the holding increased slightly to 86,27,250 shares, maintaining the same percentage ownership of 2.56% of the total voting capital.
Total Promoter Group Holding
The document confirms that the acquisition, though small for the individual entity, is duly reported under the relevant substantial acquisition regulations. Crucially, the overall shareholding of the entire Promoter Group of Rain Industries Limited remains unchanged following the transaction. The combined holding stands at 13,90,72,353 shares, which constitutes 41.35% of the total equity capital of the company.
Company Capital Base
The total equity share capital of Rain Industries Limited before and after the acquisition was reported as 33,63,45,679 Equity Shares of Rs. 2/- each.
Source: BSE
