Shankara Buildpro Ltd

Shankara Buildpro Ltd has responded to a stock exchange query regarding recent price movements. The company stated that it is in compliance with SEBI (LODR) Regulations and has consistently informed exchanges of all material events. They confirmed there is no undisclosed price-sensitive information or impending corporate actions that need to be announced at this time. The company assured continued adherence to disclosure norms.

Shankara Buildpro Ltd has announced the closure of its trading window for directors, promoters, designated employees, and connected persons. This restriction will be in effect from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ended June 30, 2026. The closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, aimed at preventing potential insider trading activities during the sensitive period leading up to and immediately following the financial results announcement.

Shankara Buildpro Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per SEBI regulations. The report details the company's business activities, which are primarily in the retail and omni-channel sales of steel and building materials, accounting for 100% of its turnover. Key products include steel, pipes, tubes, TMT rebars, and sanitaryware. The company operates across 10 states and 1 Union Territory in India, serving a diverse customer base from individual homeowners to industrial clients. As of FY26, the company reported 925 employees and has one subsidiary.

Shankara Buildpro Ltd has submitted its Annual Report for the financial year 2025-26 and the notice for its 3rd Annual General Meeting (AGM). The AGM is scheduled for Thursday, July 2, 2026, at 11:30 AM IST, to be conducted via Video Conferencing. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY26, declaration of a final dividend of ₹5 per equity share, and the re-appointment of Mr. C. Ravikumar as a Director retiring by rotation. The filing also lists the Board of Directors, Key Managerial Personnel, Statutory Auditors, Internal Auditors, Secretarial Auditor, and other corporate information.

Shankara Buildpro Ltd has announced its 3rd Annual General Meeting (AGM) will be held on Thursday, July 2, 2026, at 11:30 AM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, declaration of a final dividend of ₹5 per equity share, re-appointment of Mr. C. Ravikumar as a Director retiring by rotation, and the appointment of Mr. K. Jayachandran as Secretarial Auditor for a five-year term. Additionally, the AGM will consider approving an increase in remuneration for the Managing Director, Mr. Sukumar Srinivas.

Shankara Buildpro Ltd has issued a correction to its earlier intimation regarding the record date for the dividend. The company identified a typographical error in the previous communication dated May 19, 2026, where the record date was incorrectly stated as June 25, 2026. The corrected record date is June 24, 2026. All other details and conditions mentioned in the original intimation remain unchanged. The company regrets the error and any inconvenience caused.

Shankara Buildpro Ltd. has issued a correction regarding the record date previously announced on May 19, 2026, for the purpose of dividend. A typographical error in the original letter incorrectly stated the record date as June 25, 2026. The corrected record date is June 24, 2026. All other terms and conditions mentioned in the initial intimation remain unchanged. The company regrets the inconvenience caused by this error.

Shankara Buildpro Limited reported strong FY26 results, with revenue from operations growing 30% YoY to ₹6,826 crore. EBITDA margins expanded, and Profit After Tax increased by 64% YoY. The growth was primarily driven by the steel product segment, surpassing the 1 million tonne volume target, reaching 10.2 lakh tonnes, a 32% increase from FY25. The company is targeting approximately 1.2 million tonnes of steel volume in FY27. While the non-steel business experienced marginal revenue growth due to macro headwinds, a resurgence in growth is expected in FY27, particularly in Plumbing, Fittings, Sanitaryware, and Tiles categories. Q4 revenue was ₹1,996 Cr with PAT of ₹42 Cr.

Shankara Buildpro Ltd has announced June 25, 2026, as the record date to determine the eligibility of members for the final dividend for the financial year ending March 31, 2026. This decision is in accordance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shankara Buildpro Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹5 per equity share (9.53% of Standalone PAT). The board also approved the appointment of Mr. K. Jayachandran as the Secretarial Auditor for five financial years, subject to shareholder approval. The Annual General Meeting is scheduled for July 2, 2026, via video conferencing, with a record date of June 25, 2026, for dividend entitlement.