Rain Commodities Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Rain Commodities Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

The Company has informed BSE that the shares were released from pledge by HDFC Bank Ltd on February 25, 2011.

Date of Reporting : February 26, 2011
Name of the Company : Rain Commodities Ltd
Total no of outstanding shares of the Company : 70,834,579

Name of the Entity : Nivee Holdings Ltd

Details of Transaction
Date of Transaction : February 25, 2011
Number of Shares Released from Pledged : 1,628,550

Aggregate details after the transaction
Total no of shares held by the entity in the company : 1,628,650
Total No of shares pledged : Nil
% of total shares pledged to total no of shares held by the entity in the Company : Nil
% of shares pledged to total no of outstanding shares of the Company : NilRead More