RAIN, a decentralized prediction market protocol built on Arbitrum, has committed more than $200 million to its ecosystem and added $100 million in liquidity support to prepare for global expansion. The protocol is also preparing for the launch of Version 2, which will introduce features such as permissionless market creation, automated market makers (AMMs), and AI-assisted market resolution. These developments aim to strengthen the protocol's infrastructure and support the next phase of growth.

Version 2 Enhancements

The upcoming Version 2 release is designed to introduce several major protocol enhancements. Key features include permissionless market creation, automated market makers (AMMs), on-chain order books, and AI-assisted market resolution. The update will also support both public and private prediction markets. RAIN has allocated significant resources toward user acquisition and ecosystem growth as part of this broader expansion strategy.

Liquidity Expansion

RAIN recently announced the addition of $100 million in liquidity support, consisting of $50 million in USDT and $50 million in RAIN. The company stated that these liquidity positions remain publicly verifiable on-chain. This expansion is intended to strengthen the protocol's ability to support future growth and participation.

Ecosystem Economics

According to RAIN, 100% of protocol trading fees are allocated to automatic on-chain buybacks and burns of the RAIN token. This mechanism creates a direct relationship between protocol activity and ecosystem economics. The company emphasized that its primary goal is to attract users by building a functional protocol rather than focusing on token sales.

Operational Independence

RAIN operates as an independent project with its own management team, roadmap, tokenomics, governance structure, and development organization. The company clarified that while it works with various service providers, exchanges, and infrastructure partners, the use of shared service providers does not imply shared ownership or operational control.

Rain Industries Limited conducted its 51st Annual General Meeting (AGM) on Tuesday, May 12, 2026, at 11:00 A.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was chaired by Mr. Brian Jude McNamara, Chairman of the Company, and was attended by 112 shareholders through video conferencing, comprising 12 from the Promoter and Promoter Group and 100 from the public. The AGM commenced at 11:00 a.m. and concluded at 12:40 p.m. (IST).

Resolutions Passed at the 51st AGM

All four ordinary business resolutions set out in the AGM notice were declared passed with requisite majority by the Chairman, following scrutiny of votes by Mr. DVM Gopal, Practicing Company Secretary, appointed as Scrutinizer. The remote e-voting period remained open from 10:00 Hours (IST) on May 08, 2026 to 17:00 Hours (IST) on May 11, 2026, with e-voting facilitated through KFin Technologies Limited (KFintech).

Voting Results Summary

The total number of shareholders on the record date was 1,99,742. The cut-off date for eligibility to vote was May 05, 2026. The following table summarises the consolidated voting outcomes across all four resolutions:

For all resolutions, the total shares held stood at 33,63,45,679. The Promoter and Promoter Group voted 13,90,72,353 shares entirely in favour across all resolutions.

Financial Performance for the Year Ended 2025

Managing Director Mr. Jagan Mohan Reddy Nellore addressed shareholders on the Company's performance during the financial year ended December 31, 2025. Rain Industries reported the following consolidated financial results:

The Company noted that while revenue growth was moderate, earnings improved as efforts were made to restore the balance between raw material costs and finished product pricing, supported by improved operational discipline. The Company also highlighted that there are no significant term debt maturities until 2028.

Segment Performance Highlights

The Managing Director outlined performance across the Company's three business segments for 2025:

• Carbon: Operations remained stable despite demand variability, with a focus on protecting spreads, improving yields, and strengthening procurement-production integration. Sequential demand improvement in the second half supported higher utilisation.
• Advanced Materials: Production planning remained aligned with demand. Energy efficiency, automation, and process improvements enhanced cost stability. Early-stage initiatives in next-generation energy storage applications were also progressed.
• Cement: Despite extended monsoon conditions and competitive intensity, operations remained steady. Pricing discipline, energy optimisation, and logistics coordination supported margin stability.

The Company's Total Recordable Incident Rate improved to 0.11 during 2025, reflecting a prevention-focused safety culture.

Outlook for 2026

Addressing shareholders on the period ahead, the Managing Director noted that geopolitical developments in West Asia have highlighted the fragility of global supply chains. While Rain Industries has no direct operations in the region, suppliers, customers, and competitors across its value chains are impacted. The ongoing conflict has introduced significant supply-side risk to an already structurally deficit global aluminium market, with calcined petroleum coke (CPC) and coal tar pitch (CTP) — both indispensable inputs for carbon anodes — sitting squarely within Rain's market sphere. Approximately one-fifth of global petroleum coke supply is linked to the Gulf region, while that region relies on imports for roughly one-third of its CPC requirements. The Company stated it is taking all possible measures to preserve supply integrity and support customers, leveraging its strategic positioning, global footprint, and operational flexibility.

Director Re-appointment: Mr. N. Sujith Kumar Reddy

Shareholders approved the re-appointment of Mr. N. Sujith Kumar Reddy (DIN: 00022383) as a Non-Executive Director, who retired by rotation at the AGM. The following details pertain to his profile:

The Company affirmed that Mr. N. Sujith Kumar Reddy is not debarred from holding the office of Director by virtue of any SEBI order or any other authority, and is not disqualified under Section 164 of the Companies Act, 2013. The Statutory Auditors' Report and Secretarial Auditors' Report were both unqualified and without any adverse observations.