SHANKARABSEShankara Building Products LtdMediumNeutral
Announced Thu, 5 Mar · 12:07 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for The Ballygunge Family Trust

Promoter Stake BuyOwnership Changes View source PDF

SHANKARA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Ballygunge Family Trust, part of the promoter group of Shankara Building Products Ltd, bought 20,000 shares of the company through the open market on March 3, 2026. This raised the trust's holding from 5,49,000 shares (2.26%) to 5,69,000 shares (2.35%), an increase of 0.0824%. The total share capital of the company remains unchanged at 2,42,49,326 equity shares. The disclosure was filed under SEBI Takeover Regulations.

Likely market impact

This is a small promoter-group purchase showing continued confidence in the company, but the size is too small to materially affect shareholding or stock price. It signals promoter faith but is not significant enough to shift control or trigger regulatory thresholds.