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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Ballygunge Family Trust, part of the promoter group of Shankara Building Products Ltd, bought 10,000 equity shares (0.041% of total share capital) through the open market on February 27, 2026. Prior to this purchase, the Trust held 5,39,000 shares (2.22%); after the acquisition, its holding rose marginally to 5,49,000 shares (2.26%). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The total equity share capital of the company remains unchanged at 2,42,49,326 shares.
This is a small open-market purchase by a promoter group entity, slightly increasing the Trust's stake from 2.22% to 2.26%. While the size is minor, it signals continued promoter confidence in the company. No material impact on share price or control is expected.