Nivee Holdings Acquires 400,000 Shares of Rain Industries Ltd.
Nivee Holdings Private Limited acquired 400,000 equity shares of Rain Industries Limited on March 24, 2026, from open market. This acquisition represents 0.1189% of the company’s total share capital.Following the acquisition, Nivee Holdings’ total shareholding in Rain Industries Limited increased to 85,43,250 shares, representing 2.54% of the company’s total share capital.
Prior to this transaction, Nivee Holdings held 81,43,250 shares, representing 2.42% of Rain Industries Limited’s total share capital.
The total diluted share/voting capital of Rain Industries Limited remains at 33,63,45,679 Equity Shares of Rs. 2/- each.
Shareholding of Promoter Group
The following table details the shareholding of the Promoter Group before and after the acquisition:
| SI. | Shareholder's Name | Shareholding pre-acquisition | Shareholding post-acquisition |
|---|---|---|---|
| 1 | Mr. N. Radhakrishna Reddy | 10,383,730 | 10,383,730 |
| 2 | Mr. N. Sujith Kumar Reddy | 10,028,770 | 10,028,770 |
| 3 | Mr. Jagan Mohan Reddy Nellore | 100 | 100 |
| 4 | Ms. N. Indira Reddy | 7,513,100 | 7,513,100 |
| 5 | Ms. N. Anupama Reddy | 2,73,00,669 | 2,73,00,669 |
| 6 | Ms.N Akhila Reddy | 1,869,315 | 1,869,315 |
| 7 | Ms. K. V. Arundhathi Reddy | 14,285 | 14,285 |
| 8 | Nivee Holdings Private Limited | 8,143,250 | 8,543,250 |
| 9 | Arunachala Holdings Private Limited | 5,272,500 | 5,272,500 |
| 10 | PCL Financial Services Private Limited | 3,780,750 | 3,780,750 |
| 11 | Arunachala Logistics Private Limited | 989,245 | 989,245 |
| 12 | Sujala Investments Private Limited | 37,922,874 | 37,922,874 |
| 13 | Rain Enterprises Private Limited | 25,316,465 | 25,316,465 |
| Total | 13,85,35,053 | 13,89,35,053 |
N. Sujith Kumar Reddy, Director of Nivee Holdings Private Limited, signed off on the disclosure.
Source:
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