N. Indira 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
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N. Indira Reddy, a promoter/person acting in concert (PAC) of Rain Industries Limited, has submitted a declaration under SEBI Regulation 31(4) confirming that as of March 31, 2026, neither she nor any persons acting in concert have created any encumbrance (pledge) on their equity shares in the company. This is a negative confirmation filing — essentially stating the status of promoter share pledges at zero. Such disclosures are typically filed periodically to update the exchange on any change in the encumbrance status of promoter holdings.
The disclosure is positive for investors as it confirms no pledged shares exist among the promoter group, eliminating risk of forced sale or dilution due to pledge invocation.