Shankara Building Products: Independent Directors Recommend Open Offer

The Committee of Independent Directors of Shankara Building Products Ltd has submitted its recommendations regarding an open offer made by The Ballygunge Family Trust and associated parties (PACs). The offer aims to acquire up to 63,04,825 equity shares, representing 26.00% of the paid-up equity share capital, at a price of ₹150 per share. This open offer is being made in compliance with SEBI (SAST) Regulations, 2011. The filing also includes unrelated information about Atharva Poly-Plast Limited's upcoming AGM, dividend policy, and e-voting procedures.