Rain Industries Limited
Dolly Rajiv Khanna, who last held 1.05 percent of Rain Industries Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete sale or a reduction in her stake to below the 1 percent reporting requirement.
A vertically integrated producer of carbon, cement, and advanced materials, Rain Industries manufactures specialty products for petrochemical, aluminum, steel, and energy sectors worldwide. The company operates production facilities across eight countries on three continents, serving customers globally. Its diversified product portfolio and extensive international manufacturing footprint distinguish it as a leading specialty materials producer in its sectors.
Don't let the low profile fool you, Dolly Khanna's portfolio has quietly generated some of India's best small-cap returns over three decades. Her husband Rajiv Khanna (IIT Madras-trained chemical engineer) does the research; she holds the positions. They entered markets in 1996 with proceeds from the sale of their dairy business Kwality Milk Foods, and since then have caught textiles, chemicals, and manufacturing companies well before they re-rate. Disclosed portfolio: ~₹230 Cr. No Twitter, no headlines, just positions that keep compounding.