The Ballygunge Family Trust has Submitted to the Exchange a copy of Disclosure under Regulation 29 (2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SHANKARA · price
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The Ballygunge Family Trust, part of the promoter/promoter group of Shankara Building Products Limited, has acquired 39,100 equity shares (0.161% of voting capital) through open market purchase on March 19, 2026. The Trust's total holding has increased from 6,88,915 shares (2.84%) to 7,28,015 shares (3.00%) of the company. The company's total equity share capital remains unchanged at 2,42,49,326 shares. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011, which governs disclosure of share acquisitions.
This is a small incremental purchase (about 0.16%) by a promoter group entity, signaling continued promoter confidence in the company. The 3.00% stake held by this specific Trust remains well below any regulatory trigger threshold, so the financial or governance impact for retail shareholders is minimal.