SHANKARABSEShankara Building Products LtdHighPositive
Announced Mon, 23 Feb, 2026 · 12:53 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

Creeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing

SHANKARA · price

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

Price reactionminutes from the announcement price · days from the prior close
-2.9%Reaction day
₹104.90
prior close
₹102.35
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-3.1% vs market

On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.6
10m
-0.6
15m
-0.4
30m
-0.6
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
-2.9+0.1-3.1
Next day
-5.2-1.1-4.1
2d
+6.1-0.9+7.0
3d
+9.1-0.7+9.8
4d
+2.9-1.8+4.7
5d
+2.6-3.9+6.5
1w
-1.4-5.5+4.1
15d
+1.4-8.7+10.0
1m
-0.2-12.3+12.1
2m
+16.3+5.4+10.9
3m
+20.1+9.0+11.1
UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Ballygunge Family Trust has purchased 5,10,000 equity shares (face value Rs 10 each) of Shankara Building Products Ltd through the open market on February 20, 2026. This acquisition represents 2.10% of the company's paid-up share capital. Before this purchase, the trust held just 9,000 shares (0.037%); after the transaction, its total holding stands at 5,19,000 shares, or 2.14% of the company. The buyer has confirmed it does not belong to the promoter or promoter group. The disclosure has been filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011.

Likely market impact

While the buyer is not a promoter entity, the open market accumulation of over 2% by a family trust may be viewed by retail investors as a confidence signal in the company's prospects. The trust still has room under the 5% creeping acquisition limit for non-promoters, so further purchases cannot be ruled out.