The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for The Ballygunge Family Trust
SHANKARA · price
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The Ballygunge Family Trust, a promoter group entity, acquired 65,724 equity shares (0.2710%) of Shankara Building Products Ltd through open market purchase on March 31, 2026. Before this acquisition, the trust held 10,35,945 shares representing 4.27% of the company's equity capital. After the acquisition, their holding increased to 11,01,669 shares representing 4.54% of total equity. The company's total equity share capital remains unchanged at 2,42,49,326 shares of Rs. 10 each.
Promoter group buying additional shares signals confidence in the company, though the incremental stake is modest. The trust's holding remains well below the 50% threshold and far from the 25% trigger for open offer obligations.