Rain Industries Limited — Updates, 12-11-2025: General Updates

RAIN plans a ₹757 Cr brownfield expansion, tripling cement capacity to 3.8M MT by H2 CY27. Carbon segment benefits from global aluminum demand shifts and new import quotas boosting Indian utilization. Advancing Indian distillation and Battery Anode Materials R&D. Net debt/EBITDA improved to 3.3x.