
Shareholding13 Apr 2026, 05:01 pm
Rainbow Agri Industries Acquires 5.36% Stake in Rama Petrochemicals via Preferential Allotment
AI Summary
Rainbow Agri Industries Limited, along with its Persons Acting in Concert (PACs), has acquired 8,27,418 equity shares of Rama Petrochemicals Limited. This acquisition, made on April 13, 2026, was executed through a preferential allotment. The newly acquired shares represent a 5.36% stake in Rama Petrochemicals. Following this transaction, the total shareholding of Rainbow Agri Industries Limited and its PACs in Rama Petrochemicals Limited has increased to 1,05,29,152 shares, representing 68.28% of the company's total diluted share capital.
Key Highlights
- Rainbow Agri Industries Ltd acquired 8,27,418 equity shares of Rama Petrochemicals Ltd.
- The acquisition was made via preferential allotment on April 13, 2026.
- This represents a 5.36% stake in Rama Petrochemicals Ltd.
- Post-acquisition, the acquirer's total holding increased to 68.28%.
Price Impact
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