The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for The Ballyunge Family Trust
SHANKARA · price
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Awaiting price reaction for this filing.
The Ballygunge Family Trust, part of the promoter group of Shankara Building Products Ltd, bought 10,000 shares (0.0412%) of the company through the open market on March 11, 2026. With this acquisition, the Trust's total holding in the company rose from 6,19,551 shares (2.55%) to 6,29,551 shares (2.60%). The disclosure was filed under SEBI's Takeover Regulations, confirming the Trust belongs to the promoter/promoter group. The total share capital of Shankara Building Products remains unchanged at 2,42,49,326 equity shares.
This is a small, incremental open-market purchase by a promoter-group trust, signalling continued promoter confidence in the company. The impact on share price is likely negligible given the tiny size of the acquisition, but it adds to promoter holding.