Announced Tue, 6 Oct, 2026 · 16:17 IST
Promoter group raises stake to 35.35% via open offer
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
-8.2%1-day move
₹125.23
prior close
₹125.58
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-2.7-2.3-2.7-8.2—————————
Up moveDown movePending
AI summary
Ballygunge Family Trust and PACs (promoter group) bought 63,04,825 shares (26%) of Shankara Building Products through an open offer on Oct 5, 2026. Their holding rose from 9.35% to 35.35%, totaling 85,70,937 shares. Total equity capital unchanged at 2,42,49,326 shares.
Likely market impact
Strengthens promoter control. Stake now 35.35%, still below 50% majority threshold.