Ballygunge Family Trust Increases Stake in Shankara Building Products to 2.26%

1 min read     Updated on 02 Mar 2026, 12:24 PM
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Radhika SScanX News Team
Overview

The Ballygunge Family Trust has further expanded its investment in Shankara Building Products Limited by acquiring 10,000 equity shares on February 27, 2026, raising its total holding to 5,49,000 shares representing 2.26% of the company's paid-up share capital. The disclosure filed under SEBI regulations demonstrates the trust's continued confidence in the building products company through systematic open market acquisitions.

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The Ballygunge Family Trust has continued its strategic investment in Shankara Building Products Limited, filing another disclosure under SEBI regulations on March 1, 2026. The trust has acquired additional shares through open market transactions, further increasing its ownership position in the building products company.

Latest Share Acquisition

The trust acquired an additional 10,000 equity shares valued at Rs. 10 each on February 27, 2026, through open market transactions. This latest acquisition represents 0.041% of the company's total paid-up share capital.

Transaction Details: Latest Purchase
Shares Acquired: 10,000 equity shares
Face Value per Share: Rs. 10
Acquisition Percentage: 0.041%
Transaction Date: February 27, 2026
Mode of Acquisition: Open Market

Updated Shareholding Pattern

Following this acquisition, The Ballygunge Family Trust's total holding has increased from 5,39,000 shares to 5,49,000 shares. The trust's ownership percentage has risen from 2.22% to 2.26% of the company's equity capital.

Shareholding Details: Before Latest Acquisition After Latest Acquisition
Number of Shares: 5,39,000 5,49,000
Percentage Holding: 2.22% 2.26%
Voting Rights: 2.22% 2.26%

Promoter Group Status

The Ballygunge Family Trust continues to belong to the promoter/promoter group of Shankara Building Products Limited, as indicated in the latest disclosure. This classification reflects the trust's significant influence in the company's ownership structure.

Company Capital Structure

Shankara Building Products Limited maintains its equity capital structure with 2,42,49,326 equity shares of Rs. 10 each, totaling Rs. 24,24,93,260. The company's shares continue to be listed on both the National Stock Exchange of India Limited and BSE Limited.

Regulatory Compliance

The disclosure was filed pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The trust remains registered at 490, 14th Main, 3rd Block, Koramangala, Bangalore-560 034, with the disclosure signed by the Managing Trustee on March 1, 2026.

This continued investment demonstrates The Ballygunge Family Trust's sustained confidence in Shankara Building Products Limited, with the trust progressively building its stake in the building products company through systematic open market acquisitions.

Historical Stock Returns for Shankara Building Products

1 Day5 Days1 Month6 Months1 Year5 Years
-1.68%+0.82%+3.47%-60.16%-19.49%-7.06%
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Rajasthan Global Securities Increases Stake in Shankara Building Products to 7.00%

1 min read     Updated on 24 Feb 2026, 05:51 PM
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Jubin VScanX News Team
Overview

Rajasthan Global Securities Private Limited acquired 14,867 additional shares in Shankara Building Products Limited through open market purchase on 23.02.2026, increasing its stake from 6.94% to 7.00%. The company filed the mandatory disclosure under SEBI regulations, confirming it does not belong to the promoter group of the target company.

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Rajasthan Global Securities Private Limited has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, announcing its increased shareholding in Shankara Building Products Limited.

Acquisition Details

The acquisition involved the purchase of 14,867 equity shares through open market transactions on 23.02.2026. This transaction increased Rajasthan Global Securities' total shareholding in the target company from 16,83,749 shares to 16,98,616 shares.

Parameter Before Acquisition Acquisition After Acquisition
Number of Shares 16,83,749 14,867 16,98,616
Percentage Holding 6.94% 0.05% 7.00%
Diluted Capital % 6.94% 0.05% 7.00%

Company Information

Rajasthan Global Securities Private Limited, incorporated with CIN U67120DL1995PTC072778, operates from its registered office at Jain Bhawan, Karol Bagh, New Delhi, and corporate office in Noida. The company has confirmed that it does not belong to the promoter or promoter group of Shankara Building Products Limited.

Target Company Details

Shankara Building Products Limited maintains its equity share capital at 2,42,49,326 shares of Rs.10 each both before and after this acquisition. The company's shares are listed on both BSE and NSE.

Company Details Information
Target Company Shankara Building Products Limited
Acquirer PAN AAACR4122R
Stock Exchanges BSE & NSE
Total Share Capital 2,42,49,326 shares of Rs.10 each

Regulatory Compliance

The disclosure was submitted to both BSE and NSE on 24.02.2026, fulfilling the regulatory requirements under SEBI takeover regulations. The acquisition was conducted through open market purchases, representing a standard method of share acquisition for institutional investors.

Historical Stock Returns for Shankara Building Products

1 Day5 Days1 Month6 Months1 Year5 Years
-1.68%+0.82%+3.47%-60.16%-19.49%-7.06%
Shankara Building Products
View Company Insights
View All News
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1 Year Returns:-19.49%