Corrigendum to Open Offer for Shankara Building Products at Rs 150/share
SHANKARA · price
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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%.
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.