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.

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.

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.

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

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.

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.

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.

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.