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, part of the promoter group of Shankara Building Products Ltd, acquired 30,000 equity shares (about 0.123% of paid-up capital) through open market purchases on March 17, 2026. This is a disclosure under SEBI's Takeover Regulations, filed because the acquisition crossed the regulatory reporting threshold. With this purchase, the trust's stake in the company has increased from 2.72% (6,58,915 shares) to 2.84% (6,88,915 shares). The total share capital of the company remains unchanged at 2,42,49,326 equity shares. This indicates continued promoter group confidence and incremental buying at current market prices.
This is a small, incremental promoter-group purchase that signals confidence in the company but is too minor to materially affect stock price or control. Shareholders may view it as a mildly positive signal of insider confidence.