N. Akhila Reddy has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
RAIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
N. Akhila Reddy, a promoter/person acting in concert (PAC) of Rain Industries Limited, has submitted a disclosure under SEBI regulation 31(4). The filing is a negative declaration confirming that as of March 31, 2026, neither she nor persons acting in concert have created any encumbrance (pledge) on their equity shares in the company. This appears to be a routine periodic compliance filing where promoters confirm their pledge status to the stock exchanges.
This is a positive disclosure indicating no additional promoter share pledging. For shareholders, this means promoters have not leveraged their shareholding, which reduces risk of forced selling. The stock is free from promoter pledge concerns at this point.