Shankara 31st AGM held; results show PAT turnaround, key resolutions tabled

Board & Shareholder Meetings View source PDF

SHANKARA · price

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+3.5%1-day move

₹121.81

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AI summary

Shankara Building Products held its 31st AGM on June 18, 2026 via video conferencing with 47 members. Resolutions included re-appointment of MD Sukumar Srinivas, appointment of Medepalli Eswara Rao as Independent Director, and MOA amendment. FY25-26 consolidated revenue: Rs 1,364.01 cr (flat YoY); EBITDA up 44% to Rs 30.22 cr; PAT Rs 3.84 cr vs Rs 0.78 cr loss in FY25. Trading demerger done in January 2026. Voting results to follow.

Likely market impact

Modest revenue growth but EBITDA up 44% and PAT turned around to Rs 3.84 cr. Director and MOA changes await final vote results.