News Orders & Deals Ballygunge Family Trust Increases Shareholding in Shankara Building Products to 2.35%Ballygunge Family Trust Increases Shareholding in Shankara Building Products to 2.35%
The Ballygunge Family Trust acquired 20,000 shares in Shankara Building Products Limited through open market purchase on March 3, 2026, increasing its shareholding from 2.26% to 2.35%. The promoter group entity filed the mandatory disclosure under SEBI Takeover Regulations with NSE and BSE on March 4, 2026. The company's total equity capital remains at 2,42,49,326 shares of ₹10 each, totaling ₹24,24,93,260.
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The Ballygunge Family Trust, a promoter group entity of Shankara Building Products Limited, has increased its shareholding in the company through an open market acquisition. The trust filed a disclosure under Regulation 29(2) of SEBI Takeover Regulations on March 4, 2026, detailing the share purchase transaction.
Transaction Details
The acquisition involved the purchase of 20,000 equity shares through open market transactions on March 3, 2026. This represents 0.0824% of the company's total share capital and voting rights.
| Transaction Parameter: | Details |
|---|---|
| Shares Acquired: | 20,000 |
| Acquisition Mode: | Open Market |
| Transaction Date: | March 3, 2026 |
| Percentage Acquired: | 0.0824% |
Shareholding Pattern Changes
The acquisition resulted in an increase in The Ballygunge Family Trust's total shareholding in Shankara Building Products Limited. The trust's holding position changed from 5,49,000 shares to 5,69,000 shares.
| Shareholding Details: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares: | 5,49,000 | 5,69,000 | +20,000 |
| Percentage Holding: | 2.26% | 2.35% | +0.09% |
| Voting Rights: | 2.26% | 2.35% | +0.09% |
Company Share Capital Structure
Shankara Building Products Limited's equity share capital structure remained 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 |
| 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 4, 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.
Historical Stock Returns for Shankara Building Products
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.63% | -5.10% | +0.73% | -59.14% | -25.59% | -77.87% |
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