Rain Industries Limited Receives Disclosure of Share Acquisition by Nivee Holdings Private Limited
Rain Industries Limited announced on March 25, 2026, that it received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Nivee Holdings Private Limited (a Promoter) regarding the acquisition of shares on March 24, 2026, from the open market.Nivee Holdings Private Limited acquired 4,00,000 equity shares, representing 0.1189% of the company’s outstanding shares. This acquisition brings Nivee Holdings Private Limited’s total shareholding to 85,43,250 equity shares, which represents 2.54% of the company’s shares.
The company's total equity share capital is 33,63,45,679 shares of Rs. 21 each.
The persons acting in concert with Nivee Holdings Private Limited include Mr. N. Radhakrishna Reddy, Ms. N. Indira Reddy, Mr. Jagan Mohan Reddy Nellore, Ms. N. Anupama Reddy, Mr. N. Sujith Kumar Reddy, Ms. N. Akhila Reddy, Ms. K V Arundhathi Reddy, M/s. Sujala Investments Private Limited, M/s. Rain Enterprises Private Limited, M/s. Arunachala Holdings Private Limited, M/s. PCL Financial Services Private Limited.
The total shareholding of the Promoter group, post-acquisition, stands at 13,89,35,053 shares, which is 41.31% of the company’s total share capital.
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