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/promoter group of Shankara Building Products Ltd, acquired 10,000 equity shares (0.0412%) through an open market purchase on March 5, 2026. Prior to the acquisition, the Trust held 5,69,000 shares (2.35% of the company's paid-up capital), and post-acquisition, its holding stands at 5,79,000 shares (2.39%). The total equity share capital of the company remains unchanged at 2,42,49,326 shares of Rs. 10 each. The disclosure is being filed under SEBI Takeover Regulations, as the Trust is part of the promoter group.
This is a small open market purchase by a promoter group entity, signalling mild confidence from insiders. The size is negligible (0.04% of capital), so it is unlikely to move the stock price but indicates continued promoter-group interest in the company.