Ballygunge Family Trust Further Increases Shareholding in Shankara Building Products

1 min read     Updated on 11 Mar 2026, 03:49 PM
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The Ballygunge Family Trust, a promoter group entity, has made another strategic acquisition in Shankara Building Products Limited, purchasing 10,551 equity shares through open market transactions on March 10, 2026. This latest acquisition increased the trust's shareholding from 6,09,000 shares (2.51%) to 6,19,551 shares (2.55%), continuing its pattern of systematic stake building in the company.

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The Ballygunge Family Trust, a promoter group entity of Shankara Building Products Limited, has continued its strategic acquisition pattern with another share purchase transaction. The trust filed a disclosure under Regulation 29(2) of SEBI Takeover Regulations on March 10, 2026, detailing the latest acquisition following its previous purchase on March 7, 2026.

Latest Transaction Details

The most recent acquisition involved the purchase of 10,551 equity shares through open market transactions on March 10, 2026. This represents 0.0435% of the company's total share capital and voting rights, continuing the trust's systematic approach to increasing its stake in the building products company.

Transaction Parameter: Details
Shares Acquired: 10,551
Acquisition Mode: Open Market
Transaction Date: March 10, 2026
Percentage Acquired: 0.0435%

Updated Shareholding Pattern

Following this latest acquisition, The Ballygunge Family Trust's total shareholding in Shankara Building Products Limited has increased from 6,09,000 shares to 6,19,551 shares. The trust's percentage holding has grown from 2.51% to 2.55%, representing continued expansion of their promoter group stake.

Shareholding Details: Before Latest Acquisition After Latest Acquisition Change
Number of Shares: 6,09,000 6,19,551 +10,551
Percentage Holding: 2.51% 2.55% +0.04%
Voting Rights: 2.51% 2.55% +0.04%

Company Share Capital Structure

Shankara Building Products Limited's equity share capital structure remains unchanged following this transaction. The company maintains its existing 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: ₹10.00
Total Share Capital: ₹24,24,93,260
Listing Exchanges: NSE and BSE

Regulatory Compliance

The disclosure was filed with both the National Stock Exchange of India Limited and BSE Limited on March 10, 2026. The Ballygunge Family Trust, registered at Koramangala, Bangalore, submitted the required documentation as per SEBI regulations for substantial acquisition of shares. The trust confirmed its status as a promoter group entity in the filing, and the acquisition did not involve any encumbrances, warrants, or convertible securities. The Managing Trustee signed the disclosure documents confirming the transaction details and compliance with takeover regulations.

Historical Stock Returns for Shankara Building Products

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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
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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
-0.57%+0.83%+6.23%-56.16%-29.08%-75.12%
Shankara Building Products
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1 Year Returns:-29.08%