Rain Industries Ltd forms subsidiary Rain Verticals Ltd for new businesses foray
Posted On:
2021-04-06 22:25:51
(Time Zone: Arizona, USA)
Rain Industries Ltd has incorporated a wholly owned subsidiary company namely "Rain Verticals Limited" on April 6, 2021.
Rain Verticals Limited is a Wholly Owned Subsidiary of Rain Industries Limited incorporated to carry on the business of Vertical Farming, Research and Development for development of Vertical Farming and Lithium Ion High Energy Density Cells and undertake operations in Logistics. Rain Verticals Limited is yet to commence its operations.
Shares of Rain Industries Ltd was last trading in BSE at Rs.150.9 as compared to the previous close of Rs. 147.1. The total number of shares traded during the day was 439923 in over 2242 trades.