Rain Industries Limited has announced that its promoter entity, Nivee Holdings Private Limited, acquired additional equity shares from the open market, as disclosed under SEBI regulations for insider trading disclosures.

Share Acquisition Details

Nivee Holdings Private Limited acquired 4,00,000 equity shares of Rain Industries Limited on March 24, 2026, through open market purchases on the National Stock Exchange. The acquisition was valued at ₹4.16 crore and represents 0.1189% of the company's total share capital.

Shareholding Changes

The transaction resulted in changes to Nivee Holdings' stake in Rain Industries. Before the acquisition, the entity held 81,43,250 shares representing 2.42% of the total shareholding. Post-acquisition, its holding increased to 85,43,250 shares, representing 2.54% of the company's equity.

Regulatory Compliance

The disclosure was made in compliance with Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandates continual disclosures by promoters and designated persons. Rain Industries Limited communicated the transaction details to both BSE Limited and National Stock Exchange of India Limited on March 25, 2026.

Nivee Holdings Private Limited, incorporated with CIN U65921TG1995PTC022541, is based in Hyderabad and serves as one of the promoter entities of Rain Industries. The company secretary S. Venkat Ramana Reddy facilitated the regulatory disclosure process.

Company Information

Rain Industries Limited trades on both BSE Limited (Scrip Code: 500339) and National Stock Exchange of India Limited (Scrip Code: RAIN) with ISIN INE855B01025. The company has an equity share capital of 33,63,45,679 equity shares of ₹2 each, and the acquisition represents a minor but notable increase in promoter group shareholding.

Rain Industries Limited held a detailed Q&A session addressing investor and analyst questions following their Q4FY25 results, providing insights into market conditions, operational performance, and strategic priorities across business segments.

Carbon Segment Performance and Market Dynamics

The company's carbon operations showed mixed performance during the quarter. Management reported that carbon distillation volumes in Q4FY25 came in lower than expected due to customer-related factors, including an unplanned outage at a major customer's smelter and another customer's inability to accept scheduled volumes due to potential shutdown of an associated carbon plant.

The improvement in Indian operations follows the relaxation of import restrictions, reflecting both improved raw-material availability and strong domestic demand for Calcined Petroleum Coke (CPC).

Financial Performance and Working Capital

The company reported significant changes in working capital and earnings performance during the period.

CFO T. Srinivasa Rao explained that the working capital increase was driven primarily by higher finished-goods and raw-material prices, along with the successful ramp-up of the Carbon segment's SEZ facility in India. The company expects working capital to rise further in H1 2026 due to timing effects associated with India's GPC import-quota allocations, with corresponding release expected in H2 2026.

Geopolitical Impact and Market Conditions

President of Rain Carbon Inc., Gerard Sweeney, addressed the impact of geopolitical developments, particularly in the Middle East. The escalation of hostilities has affected global energy markets, with energy costs climbing significantly and new limitations on key exports creating upward pressure on natural gas markets. Several aluminium producers in the region have declared force majeure due to localized energy curtailments and broader supply chain challenges.

Despite these challenges, management emphasized that U.S. tariffs do not have a direct material impact on operations, as the majority of key raw materials and finished products are exempt from tariff measures.

Advanced Materials and Research Development

The Advanced Materials segment faced headwinds during the quarter, with results pressured by higher energy costs in Europe and increased pricing competition from Asian suppliers in the Resins business. The segment's capacity utilization stood at around 60%, consistent with the strategic shift toward higher-margin products.

Managing Director Jagan Reddy Nellore highlighted the company's continued investment in research and development, including the marketing and distribution agreement with China Steel Chemicals of Taiwan to sell mesophase carbon microbeads (MCMB) into the North American market.

Capital Allocation and Future Outlook

The company maintained capital discipline with 2025 capex at one of the lowest levels in five years. For 2026, capex is expected to increase moderately, prioritizing mandatory investments, safety and environmental compliance, and essential maintenance.

Management expressed confidence about achieving further improvement in 2026 compared to 2025, supported by strengthening global aluminium demand and multiple smelter capacity expansions outside China. The company expects more than 50% of revenue in 2026 to be driven by the aluminium industry, while remaining mindful of evolving geopolitical dynamics that could introduce volatility.