Shankara Building Products Ltd

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 has reduced from 19.21% (46,58,202 shares) to 3.29% (7,98,871 shares). The total equity share capital of Shankara Building Products Limited is 2,42,49,326 shares of ₹10 each.

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.

The Ballygunge Family Trust, along with its Persons Acting in Concert (PACs), has acquired 63,04,825 shares, representing 26.00% of the total capital, in Shankara Building Products Limited through an Open Offer. This acquisition increases their total holding from 22,66,112 shares (9.35%) to 85,70,937 shares (35.35%). The transaction occurred on October 5, 2026. The total equity share capital of the company remains unchanged at 2,42,49,326 shares.

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.

Shankara Building Products Ltd has announced the closure of its trading window for directors, promoters, designated employees, and connected persons. This restriction will be in effect from October 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter and half-year ending September 30, 2026. The closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, aimed at preventing potential insider trading activities.

Rajasthan Global Securities Pvt Ltd (RGSPL) and its Persons Acting in Concert (PACs) have increased their shareholding in Shankara Building Products Ltd. Through open market acquisitions, RGSPL's stake, along with PACs, rose from 18.04% (43,74,743 shares) to 19.21% (46,58,202 shares). On September 18, 2026, RGSPL acquired 3,50,731 equity shares (1.45%), while a PAC disposed of 67,272 shares (0.28%), resulting in a net acquisition of 2,83,459 shares (1.17%). This cumulative change of 2.96% since the previous disclosure on September 10, 2026, triggered the Regulation 29(2) disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. RGSPL is not part of the promoter group.

Rajasthan Global Securities Private Limited (RGSPL), along with its Persons Acting in Concert (PAC), has increased its shareholding in Shankara Building Products Limited. The acquisition of 46,791 shares on September 10, 2026, through the open market, has raised RGSPL's total stake to 39,39,611 equity shares, representing 16.25% of the total share capital. This increase follows a previous disclosure on August 12, 2026, where their holding was 14.24%. The cumulative change since the last disclosure has now crossed the regulatory threshold, necessitating this filing under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

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.

The Committee of Independent Directors of Shankara Building Products Ltd has submitted its recommendations regarding an open offer made by The Ballygunge Family Trust and associated parties (PACs). The offer aims to acquire up to 63,04,825 equity shares, representing 26.00% of the paid-up equity share capital, at a price of ₹150 per share. This open offer is being made in compliance with SEBI (SAST) Regulations, 2011. The filing also includes unrelated information about Atharva Poly-Plast Limited's upcoming AGM, dividend policy, and e-voting procedures.

Corporate Professionals Capital Pvt Ltd, acting as Manager to the Offer, has submitted a Letter of Offer to the public shareholders of Shankara Building Products Ltd. The offer is made by The Ballygunge Family Trust, along with Mr. Sukumar Srinivas, Ms. Parwathi Srikanth Mirlay, Mr. Dhananjay Mirlay Srinivas, and Shankara Holdings Private Limited (collectively 'PACs'). They intend to acquire up to 63,04,825 equity shares, representing 26.00% of the paid-up equity share capital, at a price of ₹150 per share. This open offer is made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer opens on September 7, 2026, and closes on September 21, 2026. It is not subject to any minimum acceptance level and is not a competing offer.