StockWatch
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Speciality Retail
Shareholding6 Oct 2026, 04:21 pm

Rajasthan Global Securities Sells 15.91% Stake in Shankara Building Products

AI Summary

Rajasthan Global Securities Private Limited (RGSPL) has sold 38,59,331 equity shares, representing 15.91% of the total share capital, in Shankara Building Products Limited. This sale was tendered in an open offer. Following the transaction, RGSPL's holding in Shankara Building Products has decreased from 19.21% (46,58,202 shares) to 3.29% (7,98,871 shares). The total equity share capital of Shankara Building Products remains 2,42,49,326 equity shares of ₹10 each.

Key Highlights

  • Rajasthan Global Securities sold 15.91% stake in Shankara Building Products.
  • The sale involved 38,59,331 equity shares tendered in an open offer.
  • RGSPL's holding reduced from 19.21% to 3.29%.
  • The transaction is a sale under SEBI (SAST) Regulations, 2011.