Announced Thu, 30 Jul · 15:16 IST
Non-promoter Devarajulu Sathyamoorthi sells 5 lakh shares via open market
SHANKARA · price
▲ 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
+1.4%1-day move
₹140.01
prior close
₹139.19
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1——+1.4+1.4+3.4+2.1+1.4+1.5+1.4+4.3——
Up moveDown movePending
AI summary
Devarajulu Sathyamoorthi, a non-promoter shareholder, sold 5,00,000 equity shares (2.06 percent stake) of Shankara Building Products Ltd via open market on July 29, 2026. His holding dropped from 6.18 percent (15 lakh shares) to 4.12 percent (10 lakh shares). Cumulatively since October 2025, his stake has fallen from 7.96 percent after net selling of about 4.3 lakh shares. Disclosed under SEBI Takeover Regulation 29(2).
Likely market impact
Non-promoter insider trimming stake via open market may signal caution, but seller is not from promoter group, limiting direct impact on stock price.