SHANKARABSEShankara Building Products LtdMediumNeutral
Announced Fri, 13 Mar · 16:29 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 14 horizons · vs prior close
+2.2%1-day move
₹104.04
prior close
₹104.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.8-0.4-0.5+2.2+4.4+6.5+6.6+0.6+1.0+17.3+22.5+17.2+10.3
Up moveDown movePending
AI summary

The Ballygunge Family Trust, part of the promoter/promoter group of Shankara Building Products Ltd, acquired 6,618 equity shares in the open market on March 13, 2026. This represents a small 0.027% increase in their stake. Before the acquisition, the Trust held 6,32,297 shares (2.61%); after the acquisition, it holds 6,38,915 shares (2.63%) of the company's equity share capital. The disclosure was made under Regulation 29(2) of SEBI Takeover Regulations, 2011.

Likely market impact

This is a minor promoter group purchase showing continued confidence in the company, but the size is too small to materially affect shareholding or stock price. Investors should view this as a routine compliance disclosure rather than a significant signal.