Shankara Building Products: Open Offer for 26% Stake at ₹150/Share

Corporate Professionals Capital Pvt Ltd, acting as the Manager to the Offer, has submitted a Public Announcement regarding an open offer for Shankara Building Products Limited (SBPL). The Ballygunge Family Trust, along with associated persons (PACs), intends to acquire up to 63,04,825 equity shares, representing 26.00% of the paid-up equity share capital. The offer price is set at ₹150 per equity share. This substantial acquisition is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.