Shankara Building Products: Open Offer at ₹150 per share

Corporate Professionals Capital Pvt Ltd, acting as Manager to the Offer, has submitted a Letter of Offer to the public shareholders of Shankara Building Products Ltd. The offer is made by The Ballygunge Family Trust, along with Mr. Sukumar Srinivas, Ms. Parwathi Srikanth Mirlay, Mr. Dhananjay Mirlay Srinivas, and Shankara Holdings Private Limited (collectively 'PACs'). They intend 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 made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer opens on September 7, 2026, and closes on September 21, 2026. It is not subject to any minimum acceptance level and is not a competing offer.