Promoter Group of Carbon Producing Small-cap Company Expands Stake with New Acquisition in Sujala Investments Private Ltd
Over the past year, the stock has seen a decline of 32.71 per cent, and over a three-year period, it has decreased by 29.94 per cent.
Sujala Investments Private Limited, part of the promoter group of Rain Industries Limited, has recently acquired 14,000 equity shares of the company, representing a 0.0042 per cent increase in their holding. This acquisition was made through the open market on March 3, 2025. Prior to this transaction, Sujala Investments held 3,77,66,675 shares, equating to an 11.23 per cent stake in the company. Post-acquisition, their holding has increased to 3,77,80,675 shares, maintaining the same percentage of total share capital due to the minimal size of the purchase relative to the overall share count.
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Rain Industries Limited is listed on both the BSE and NSE under the scrip codes 500339 and RAIN, respectively. The acquisition by Sujala Investments, which is part of a larger promoter group including individuals and entities such as Mr. N. Radhakrishna Reddy and Rain Enterprises Private Limited, underscores the group's continued interest in maintaining a significant stake in the company.
Company Overview
Rain Industries Limited (RAIN) is a leading vertically integrated producer of carbon, cement and Advanced materials products. Headquartered in India, RAIN has manufacturing facilities in eight countries across three continents.
Rain Industries Limited is a prominent player in its industry, with its shares currently priced at Rs 124.3. The company has a market capitalisation of Rs 4,100.05 crores. Over the past year, the stock has seen a decline of 32.71 per cent, and over a three-year period, it has decreased by 29.94 per cent. The stock's 52-week high and low are Rs 196.95 and Rs 117.3, respectively. Despite recent performance challenges, the company's market position and promoter group activities continue to draw attention in the stock market.
Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice