Management Change30 Oct 2026, 08:10 pm
Shankara Building Products MD Sukumar Srinivas Passes Away
AI Summary
Shankara Building Products Ltd announced the demise of its Promoter and Managing Director, Mr. Sukumar Srinivas, on Friday, October 30, 2026. Mr. Srinivas was the founder of the company and was instrumental in its growth. The Board of Directors and management expressed their condolences and appreciation for his contributions. Following his demise, Mr. Srinivas ceases to be classified as a Promoter of the company as per SEBI regulations.
Key Highlights
- Promoter and Managing Director, Mr. Sukumar Srinivas, has passed away.
- Mr. Srinivas was the founder and played a key role in company growth.
- The company expresses condolences and appreciation for his leadership.
- He is no longer classified as a Promoter post-demise.
Price Impact
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