Shareholding6 Oct 2026, 04:18 pm
Shankara Building Products: Ballygunge Family Trust acquires 26% stake
AI Summary
The Ballygunge Family Trust, along with its Persons Acting in Concert (PACs), has acquired 63,04,825 shares, representing 26.00% of the total capital, in Shankara Building Products Limited through an Open Offer. This acquisition increases their total holding from 22,66,112 shares (9.35%) to 85,70,937 shares (35.35%). The transaction occurred on October 5, 2026. The total equity share capital of the company remains unchanged at 2,42,49,326 shares.
Key Highlights
- Ballygunge Family Trust acquired 63,04,825 shares via Open Offer.
- The acquisition represents a 26.00% stake in Shankara Building Products.
- Total holding increased to 35.35% from 9.35%.
- The transaction date was October 5, 2026.
- The acquirer belongs to the Promoter/Promoter group.
Price Impact
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