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 an Offer Opening Public Announcement and Corrigendum to the detailed Public Statement to BSE. This pertains to an open offer by The Ballygunge Family Trust, along with associated parties (Mr. Sukumar Srinivas, Ms. Parwathi Srikanth Mirlay, Mr. Dhananjay Mirlay Srinivas, and Shankara Holdings Private Limited), to acquire up to 63,04,825 equity shares, representing 26.00% of the paid-up equity share capital of Shankara Building Products Limited (SBPL). The offer price is set at INR 150 per equity share. The Independent Directors Committee has recommended the offer price as fair and reasonable. The Letter of Offer has been dispatched to shareholders as of the identified date, August 21, 2026.