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 20,000 equity shares through the open market on March 7, 2026. This represents 0.0824% of the company's total share capital. The trust's holding increased from 5,89,000 shares (2.43%) to 6,09,000 shares (2.51%) post-acquisition. The total equity share capital of the company remains unchanged at 2,42,49,326 shares. The disclosure is filed under Regulation 29(2) of SEBI Takeover Regulations, 2011.
This is a small open-market purchase by a promoter group entity, signaling continued promoter confidence in the company. The increase in stake is marginal (0.08%) and unlikely to materially affect the stock price, but reflects positive insider sentiment.