Shankara Building Products Limited has informed the Exchange that Record date for the purpose of Demerger is 24-Sep-2025.
SHANKARA · price
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Shankara Building Products Limited has fixed 24-Sep-2025 as the record date for the purpose of its Demerger. Shareholders holding shares on this date will be eligible to receive shares of the resulting entity as per the demerger scheme. The record date is a key procedural milestone that follows the approval of the demerger scheme and indicates the corporate action is moving ahead. Investors should watch for further disclosures on the demerger ratio, allotment timeline, and the name of the demerged entity.
Shareholders of record on 24-Sep-2025 will be entitled to receive shares of the resulting/demerged company. This is a positive corporate action event and may create short-term trading interest around the ex-date and record date.