Ballygunge Family Trust Further Increases Stake in Shankara Building Products to 4.54%

The Ballygunge Family Trust, a promoter group entity, has continued its strategic investment in Shankara Building Products Limited with another significant open market acquisition. The trust filed a fresh disclosure with stock exchanges on March 31, 2026, reporting the purchase of additional shares under SEBI takeover regulations.

Latest Transaction Details

The most recent acquisition involved 65,724 equity shares purchased through open market transactions on March 31, 2026. This represents 0.2710% of the company's total voting capital, marking the trust's continued commitment to increasing its ownership stake.

Parameter: Before Acquisition After Acquisition Change Number of Shares: 10,35,945 11,01,669 +65,724 Percentage Holding: 4.27% 4.54% +0.2710% Voting Rights: 4.27% 4.54% +0.2710%

Progressive Shareholding Pattern

This latest transaction follows a series of strategic acquisitions by the trust. The consistent pattern demonstrates the promoter group's sustained confidence in the company's prospects, with the trust systematically building its position over multiple transactions.

Transaction Timeline: Shares Acquired Cumulative Holding Earlier Acquisition: 17,636 shares 4.06% Previous Acquisition: 52,000 shares 4.27% Latest Acquisition: 65,724 shares 4.54% Total Recent Additions: 1,35,360 shares +0.56% increase

Company Share Capital Structure

Shankara Building Products Limited maintains a consistent equity share capital structure throughout all transaction periods. The company's total equity share capital comprises 2,42,49,326 equity shares of ₹10 each, amounting to ₹24,24,93,260.

Share Capital Details: Amount Total Equity Shares: 2,42,49,326 Face Value per Share: ₹10 Total Share Capital: ₹24,24,93,260

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Ballygunge Family Trust, registered at 490, 14th Main, 3rd Block, Koramangala, Bangalore-560034, filed the necessary documentation with both BSE Limited and National Stock Exchange of India Limited.

Key Transaction Highlights

Transaction Details: Information Acquisition Method: Open market purchase Transaction Date: March 31, 2026 Filing Date: March 31, 2026 Promoter Status: Belongs to promoter group Exchange Listing: BSE and NSE

The series of acquisitions demonstrates the promoter group's strategic approach to gradually increasing its ownership stake in Shankara Building Products Limited. With the trust now holding 4.54% of the company's voting capital, these transactions reflect continued promoter confidence and long-term commitment to the company's growth trajectory.

The Ballygunge Family Trust, a promoter group entity of shankara building products , has further increased its shareholding in the company through additional open market purchases. The trust filed a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, following the latest acquisition of equity shares on March 23, 2026.

Latest Share Acquisition Details

The trust acquired 14,871 equity shares on March 23, 2026, through open market transactions. This acquisition represents 0.0613% of the company's total voting capital and diluted share capital.

Transaction Details: Value Shares Acquired: 14,871 Acquisition Date: March 23, 2026 Mode of Acquisition: Open Market Percentage of Total Capital: 0.0613%

Updated Shareholding Pattern

The latest acquisition resulted in a further increase in the trust's shareholding pattern in Shankara Building Products Limited. Prior to this transaction, the trust held 9,42,799 shares, representing 3.89% of the company's total share capital.

Shareholding Comparison: Before Latest Acquisition After Latest Acquisition Number of Shares: 9,42,799 9,57,670 Percentage Holding: 3.89% 3.95% Voting Rights: 3.89% 3.95%

Company Share Capital Structure

Shankara Building Products Limited's equity share capital structure remained unchanged following this transaction. The company maintains a stable capital base with no dilution effects from this promoter group acquisition.

Capital Structure: Details Total Equity Shares: 2,42,49,326 Face Value per Share: Rs. 10 Total Share Capital: Rs. 24,24,93,260 Listing Exchanges: NSE and BSE

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisitions. The Ballygunge Family Trust, registered in Koramangala, Bangalore, submitted the required documentation to both NSE and BSE, along with notification to the company's compliance officer. This transaction represents a continued strategic increase in the promoter group's stake, with the trust now holding nearly 4% in the building products company.

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