Large non-promoter holder RGSPL cuts stake from 19.21% to 3.29% in Shankara Bldg

Ownership Changes View source PDF Explain this filing

SHANKARA · price

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

Price reactionminutes from the announcement price · days from the prior close

+5.9%Reaction day

₹118.25

prior close

₹124.25

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+4.6% vs market

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.2

15m

+0.0

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+5.9+1.3+4.6

Next day

+1.2+1.1+0.1

-2.7-1.7-1.0

+0.1-1.5+1.6

+0.9-0.6+1.5

+3.6-0.4+4.0

-0.0-1.4+1.3

15d

-4.4-6.0+1.6

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rajasthan Global Securities Pvt Ltd (RGSPL), a non-promoter entity, sold 38,59,331 shares (15.91%) of Shankara Building Products in the open market on 5 October 2026. Its holding dropped from 46,58,202 shares (19.21%) to 7,98,871 shares (3.29%), now below the 5% disclosure threshold. The transaction was disclosed under SEBI SAST Regulation 29(2) on 6 October 2026.

Likely market impact

Significant overhang cleared as a large non-promoter exits, but weak absorption may pressure the stock near-term.