RAINNSERain Industries LimitedLowNeutral
Announced Thu, 3 Jul · 22:36 IST

N. Radhakrishna 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.

Ownership Changes View source PDF

RAIN · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

N. Radhakrishna Reddy, a promoter of Rain Industries Limited, has submitted a yearly declaration under Regulation 31(4) of the SEBI Takeover Regulations to the NSE and BSE. In the declaration dated March 31, 2025, he confirms that he and persons acting in concert have not created any encumbrance (such as pledge or lien) on their equity shares in the company. This is a routine annual compliance filing required from promoters. No change in shareholding or pledge status is indicated in this filing.

Likely market impact

Neutral for shareholders — this is a routine annual compliance declaration confirming that the promoter has not pledged or encumbered shares, signalling stable promoter shareholding with no additional financial burden on the pledged shares.