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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Awaiting price reaction for this filing.
The Ballygunge Family Trust, part of the promoter group of Shankara Building Products Ltd, has disclosed an acquisition of 10,000 equity shares (0.041%) through open market purchase on February 24, 2026. Following this acquisition, the Trust's holding in the company increased from 5,19,000 shares (2.14%) to 5,29,000 shares (2.18%). The total equity share capital of the company remains unchanged at 2,42,49,326 shares of Rs. 10 each. The disclosure was filed on February 25, 2026, in compliance with SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
This is a small incremental purchase by a promoter group entity, signalling continued promoter confidence in the company. However, given the very small size (0.041%), the impact on stock price or shareholder value is likely negligible.