Shankara demerger record date fixed at 24 September 2025
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The record date for the demerger involving Shankara Building Products and Shankara Buildpro is 24 September 2025. Eligible shareholders will receive one fully paid equity share of Rs 10 each in Shankara Buildpro for every fully paid equity share of Rs 10 each held in Shankara. The new shares are planned for listing on NSE and BSE, subject to approvals.
Eligible shareholders will receive one Shankara Buildpro share for each Shankara share, subject to approvals. The demerger may change how the two businesses are valued.