The Ballygunge Family Trust acquired 8,639 additional shares in Shankara Building Products Limited through open market purchase on March 25, 2026, increasing its shareholding from 3.95% to 3.98%. The promoter group entity now holds 9,66,309 shares out of the company's total 2,42,49,326 equity shares. The acquisition was disclosed under SEBI takeover regulations and filed with BSE and NSE on March 26, 2026.

Ballygunge Family Trust Increases Stake in Shankara Building Products to 3.98%

The Ballygunge Family Trust, a promoter group entity, has increased its shareholding in shankara building products Limited through an open market acquisition. The trust filed a disclosure with stock exchanges on March 26, 2026, reporting the purchase of additional shares under SEBI takeover regulations.

Transaction Details

The acquisition involved 8,639 equity shares purchased through open market transactions on March 25, 2026. This represents 0.0356% of the company's total voting capital.

Parameter Before Acquisition After Acquisition Change Number of Shares 9,57,670 9,66,309 +8,639 Percentage Holding 3.95% 3.98% +0.0356% Voting Rights 3.95% 3.98% +0.0356%

Company Share Capital Structure

Shankara Building Products Limited maintains a consistent equity share capital structure throughout the transaction period. 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

Acquisition Method: Open market purchase

Transaction Date: March 25, 2026

Filing Date: March 26, 2026

Promoter Status: The trust belongs to the promoter group

Exchange Listing: BSE (Scrip Code: 540425) and NSE (Symbol: SHANKARA)

The transaction demonstrates continued promoter confidence in the company, with the trust maintaining its position as a significant stakeholder while incrementally increasing its ownership percentage through market purchases.

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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