The Ballygunge Family Trust, a promoter group entity of Shankara Building Products Limited, has acquired additional shares in the company through open market transactions. The trust disclosed the latest acquisition under SEBI's substantial acquisition regulations, demonstrating continued confidence in the building products manufacturer.

Latest Transaction Details

The most recent acquisition involved 6,618 equity shares purchased through open market transactions on March 13, 2026. This represents 0.027% of the company's total voting capital, bringing the trust's total shareholding to 2.63%.

Company Capital Structure

Shankara Building Products Limited maintains a stable equity capital structure with 2,42,49,326 equity shares of Rs. 10.00 each, amounting to Rs. 24,24,93,260. The total diluted share capital remains unchanged at the same level post-acquisition.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Ballygunge Family Trust filed the necessary documentation on March 13, 2026, with both stock exchanges where the company is listed.

Trust Details

The Ballygunge Family Trust operates from its registered office at 490, 14th Main, 3rd Block, Koramangala, Bangalore-560034. As a promoter group entity, the trust's transactions are subject to regulatory disclosure requirements under SEBI takeover regulations.

The acquisition demonstrates the promoter group's continued investment in the company, with the trust maintaining its position as a significant stakeholder in Shankara Building Products Limited.

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.

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.

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.

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.