Rain Industries Limited has filed its quarterly confirmation certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate was submitted to both BSE Limited and the National Stock Exchange of India Limited as part of mandatory regulatory compliance requirements.

Regulatory Compliance Certificate

The company submitted its confirmation certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate, dated April 6, 2026, was signed by S. Venkat Ramana Reddy, Company Secretary, confirming compliance with dematerialization requirements for Q4FY26.

Share Transfer Agent Confirmation

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, provided supporting confirmation dated April 2, 2026. The confirmation validates that securities received from depository participants for dematerialization during Q4FY26 were properly processed and confirmed to the depositories.

Key confirmations from KFin Technologies Limited include:

• Securities received for dematerialization were confirmed (accepted/rejected) to depositories
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 30 days
• All securities are listed on BSE Limited and National Stock Exchange of India Limited

Dematerialization Process Verification

The certificate confirms that equity share certificates received for dematerialization during Q4FY26 were mutilated and cancelled only after due verification. The company verified that the respective depository names were substituted as registered owners for the dematerialized equity shares, ensuring proper transfer of ownership records.

Regulatory Framework

The filing demonstrates Rain Industries' adherence to SEBI's regulatory framework governing depositories and participants. Regulation 74(5) requires companies to provide quarterly confirmations regarding the proper handling of share certificates during the dematerialization process, ensuring investor protection and maintaining market integrity.

The submission to both Central Depository Services (India) Limited and National Securities Depository Limited ensures comprehensive regulatory compliance across India's depository infrastructure.

Rain Industries subsidiary Rain Carbon Canada Inc. has successfully completed its coated spherical purified graphite project in collaboration with Green Graphite Technologies Inc., marking a significant milestone in advancing domestic battery material production capabilities. The project, valued at CA$2.05 million, received substantial support from the Ontario government through a CA$682,000 contribution via the Ontario Vehicle Innovation Network (OVIN).

Project Details and Investment

The completed initiative focuses on producing coated spherical purified graphite, a critical component for lithium-ion batteries used in electric vehicles, micromobility solutions, energy storage systems, and other electronic devices. This collaboration leveraged Green Graphite Technologies' cutting-edge purification technology alongside Rain Carbon Canada's expertise in carbon precursors, material processing, and coating applications.

Strategic Market Positioning

The project addresses a critical supply chain gap in North America's battery materials sector. Currently, over 90% of battery-grade graphite is sourced from China, creating supply chain vulnerabilities for North American automobile manufacturers and battery cell producers. The initiative involved transforming three distinct graphite sources at pilot scale: natural flake graphite, graphite recovered from end-of-life batteries, and graphite from gigafactory production scrap into coated spherical purified graphite.

Operational Timeline and Next Steps

Following the successful project completion, Green Graphite Technologies is proceeding with construction of its demonstration plant in Mississauga, Ontario. The facility is scheduled to become operational in early Q2 2026, with plans to produce coated spherical purified graphite and other high-purity graphite products for qualification with battery cell manufacturers.

Government and Industry Support

The Ontario government's investment through OVIN reflects the province's commitment to strengthening the electric vehicle supply chain. According to Raed Kadri, Head of OVIN, the investment demonstrates Ontario's dedication to accelerating homegrown companies that can power global supply chains with Ontario-made technologies. The collaboration represents a significant step toward reducing North America's dependence on imported battery materials while establishing cost-effective domestic production capabilities.