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HYDERABAD: Rain Calcining Ltd has informed the stock exchanges that Industrial Development Bank of India (IDBI) has informed it that as of September 6, IDBI has sold 26,05,447 equity shares of Rs 10 each equivalent of 2.01 per cent of their shareholding in the company.

With this, the holding of IDBI in Rain Calcining as on September 7 stood at 13,65,677 equity shares, amounting to 1.05 per cent stake.

The period of sale was during January 10 to September 6, the company said.

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