The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasthan Global Securities Pvt Ltd
SHANKARA · price
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Rajasthan Global Securities Pvt Ltd, a non-promoter entity, has disclosed acquisition of 15,000 equity shares (0.06%) of Shankara Building Products Ltd through open market on 02.02.2026. This takes its total holding from 11,98,401 shares (4.94%) to 12,13,401 shares (5.00%) of the company's voting capital. The total equity share capital of Shankara Building Products stands at 2,42,49,326 shares of Rs 10 each. This disclosure is filed under Regulation 29(1) of SEBI Takeover Regulations, 2011, triggered by the acquirer crossing the 5% substantial shareholder threshold.
A non-promoter entity crossing the 5% disclosure threshold means Shankara Building Products has a new substantial shareholder. While the incremental purchase is small (just 15,000 shares), the crossing of 5% is a regulatory milestone and investors should monitor whether this entity continues to accumulate, as further buying between 5-10% would not require additional open offer obligations under creeping acquisition rules.