N. Sujith Kumar 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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Promoter N. Sujith Kumar Reddy has filed a routine compliance declaration under SEBI Regulation 31(4) for the period ending March 31, 2026. The filing confirms that he, along with persons acting in concert (PACs), has not created any encumbrance (pledge) on their equity shares in Rain Industries Limited. This is a negative declaration commonly filed by substantial shareholders to disclose their pledging status periodically. The filing covers both BSE (scrip code: 500339) and NSE (scrip code: RAIN).
This is a positive disclosure for investors as it confirms no pledge has been created on promoter shares, reducing risk of forced selling. No immediate impact on stock price expected from this routine filing.