Shankara Building Products Limited has informed the Exchange regarding 'Listing of equity shares of Shankara Buildpro Limited pursuant to the Scheme of Arrangement'.
SHANKARA · price
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Shankara Building Products has informed the exchanges that its demerged entity, Shankara Buildpro Limited, has received approval from BSE and NSE for listing and trading of its equity shares, effective January 9, 2026. The demerger was sanctioned by the NCLT Bengaluru Bench on August 21, 2025, and shares of Shankara Buildpro were allotted to eligible shareholders on September 26, 2025. Shankara Buildpro will now begin independent trading on both stock exchanges from the effective date. This marks the formal completion of the listing process for the resulting company post-demerger.
Existing shareholders of Shankara Building Products who received Shankara Buildpro shares during the September 2025 allotment will be able to trade them on the exchanges starting January 9, 2026. This completes the demerger process and gives the new entity a separate listed identity, potentially allowing the market to value each business independently.