
Shareholding30 Jul 2026, 03:17 pm
Devarajulu Sethyamoorthi Sells 5 Lakh Shankara Building Products Shares
AI Summary
Devarajulu Sethyamoorthi has disclosed the disposal of 5,00,000 equity shares of Shankara Building Products Limited, representing 2.06% of the total voting capital. This transaction, executed via the open market on July 29, 2026, reduces Sethyamoorthi's holding to 10,00,000 shares, or 4.12% of the total voting capital. The total diluted share capital of the company remains unchanged at INR 24,24,93,260. This disclosure is made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Devarajulu Sethyamoorthi sold 5,00,000 shares of Shankara Building Products.
- The sale represents 2.06% of the company's total voting capital.
- Post-sale, Sethyamoorthi holds 4.12% stake in the company.
- The transaction occurred on July 29, 2026, via open market.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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