Management Change30 Oct 2026, 08:00 pm
Shankara Buildpro MD & Promoter Sukumar Srinivas Demises
AI Summary
Shankara Buildpro Ltd has announced the demise of its Managing Director and Promoter, Mr. Sukumar Srinivas, on Friday, October 30, 2026. Mr. Srinivas was instrumental in the company's founding and growth. Following his demise, he will cease to be classified as a Promoter of the company as per SEBI regulations. The Board and Management have expressed their condolences and acknowledged his significant contributions.
Key Highlights
- Promoter and Managing Director Mr. Sukumar Srinivas has passed away.
- Mr. Srinivas was the founder and key leader of Shankara Buildpro.
- His demise leads to his reclassification from Promoter status.
- The company acknowledges his invaluable contributions and leadership.
Price Impact
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