Rajasthan Global Securities Sells 15.91% Stake in Shankara Building Products

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, conducted via the open market on October 5, 2026, reduces RGSPL's holding from 19.21% (46,58,202 shares) to 3.29% (7,98,871 shares). The transaction triggers a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the change exceeds the 2% threshold. The total equity share capital of Shankara Building Products remains 2,42,49,326 shares of ₹10 each.