SUJALA INVESTMENTS PRIVATE LIMITED 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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Sujala Investments Private Limited, along with persons acting in concert (PACs), has submitted a declaration to NSE and BSE confirming that they have not created any encumbrance — directly or indirectly — on the equity shares held by them in Rain Industries Limited as of March 31, 2026. This is a negative declaration under SEBI's substantial acquisition and takeover regulations, meaning the disclosure confirms the absence of pledges or charges on promoter shares rather than reporting a new transaction. The filing comes from the company's listed entity Rain Industries (BSE: 500339, NSE: RAIN) and is dated April 1, 2026.
The absence of share encumbrances by a significant shareholder reduces concerns about potential forced selling or dilution of promoter holding, which is a reassuring signal for existing shareholders regarding promoter commitment.