Goldman Sachs Investments Mauritius has bought 2,423,485 shares of Rain Commodities in an open market transaction. The shares were purchased at an average price of Rs 49.96 a piece on National Stock Exchange (NSE) on April 11, 2013.
Rain Commodities is engaged in the business of manufacturing cement, Calcined Petroleum Coke (CPC) and power. The company is the largest producer of CPC with a production capacity of 2.49 million tonnes per annum (MTPA). Under the cement, the company has created brand namely Priya Cement.
