Sujala Investments Private Limited has disclosed the acquisition of 53,300 equity shares, representing 0.0158% of the total share capital, in Rain Industries Limited. The transaction occurred on the open market on March 25, 2026. Following this purchase, Sujala Investments’ total holding in Rain Industries increased to 11.29% of the voting rights, confirming its status as a significant stakeholder within the promoter group.
Substantial Acquisition Disclosure in Rain Industries
Sujala Investments Private Limited has formally notified the stock exchanges regarding a recent acquisition of equity shares in Rain Industries Limited (Scrip Code: RAIN/500339). This filing is mandated under the regulations governing substantial acquisition of shares and takeovers.
Details of Transaction
The acquisition involved 53,300 equity shares executed via the open market route on March 25, 2026. This purchase resulted in an increase of 0.0158% in Sujala Investments’ stake.
Holding Pre and Post Acquisition
Prior to this transaction, Sujala Investments held 3,79,22,874 shares, constituting 11.27% of the total share capital of Rain Industries. After the acquisition, the total holding stands at 3,79,76,174 shares, which translates to 11.29% of the voting capital. The equity share capital of the Target Company (TC) remained constant at 33,63,45,679 Equity Shares of Rs. 2/- each before and after the transaction.
Promoter Group Confirmation
Sujala Investments Private Limited is confirmed to belong to the Promoter/Promoter group of Rain Industries Limited. The detailed disclosure further shows the combined shareholding of the promoter group, including Sujala Investments, increased marginally from 41.31% pre-acquisition to 41.35% post-acquisition, consolidating their controlling stake.
Promoter Group Shareholding Summary (Pre vs. Post Acquisition)
| Shareholder’s Name | Pre-Acquisition Shares | Post-Acquisition Shares |
|---|---|---|
| Mr. N. Radhakrishna Reddy | 10,383,730 | 10,383,730 |
| Mr. N. Sujith Kumar Reddy | 10,028,770 | 10,028,770 |
| Ms. N. Indira Reddy | 7,513,100 | 7,513,100 |
| Ms. N. Anupama Reddy | 2,73,00,669 | 2,73,00,669 |
| Sujala Investments Private Limited | 37,922,874 | 3,79,76,174 |
| Total Promoter Group Holding | 41.31% | 41.35% |
The document confirms that Mr. Jagan Mohan Reddy Nellore, Director of Sujala Investments, executed this disclosure on March 26, 2026.
Source: BSE
