Rain Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on May 12, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
RAIN · price
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Rain Industries held its 51st AGM on May 12, 2026 via video conferencing with 112 members participating. All 4 ordinary resolutions were passed with overwhelming shareholder approval (99.9%+). Key resolutions included adoption of standalone and consolidated financial statements for FY2025, ratification of Rs. 1 per share interim dividend, and re-appointment of Mr. N. Sujith Kumar Reddy as director. The company reported FY2025 consolidated revenue of Rs 169,458 million, EBITDA of Rs 22,749 million, and return to profit with PAT of Rs 1,178 million. The MD noted improving demand in the second half of 2025, stable safety performance (TRIR at 0.11), and approximately US$340 million liquidity with no major debt maturities until 2028. The MD also flagged geopolitical risks in West Asia affecting global supply chains for CPC and CTP, materials critical to aluminium production.
The overwhelming shareholder approval across all resolutions signals strong confidence in company management. The return to profitability and improved liquidity provide a positive outlook, though investors should monitor geopolitical developments affecting raw material costs for the Carbon segment.