SHANKARABSESHANKARA BLDG PRODUCT LTDHighNeutral
Announced Mon, 20 Jul · 18:24 IST

Corrigendum to Open Offer for Shankara Building Products at Rs 150/share

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

SHANKARA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹138.30
prior close
₹138.39
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+1.0+0.3+1.2+1.7
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AI summary

The Ballygunge Family Trust (Acquirer) along with four PACs including Sukumar Srinivas and Shankara Holdings is making an open offer for up to 63,04,825 equity shares (26% of paid-up capital) of Shankara Building Products at Rs 150 per share. This corrigendum revises the original July 15, 2026 public announcement by simplifying the SEBI regulatory references from Reg 3(1) read with 3(3) to Reg 3(2) and Reg 4, and deletes the earlier reference to shareholding rising from 9.35% to 35.35%.

Likely market impact

Shareholders can tender shares at Rs 150 each. The price sets a near-term benchmark for the stock; watch for open offer opening and closing dates.