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.

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.

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.

The Ballygunge Family Trust has acquired a significant stake in Shankara Building Products Limited through an open market purchase, filing the mandatory disclosure under SEBI regulations on February 21, 2026. The acquisition represents a substantial investment in the building products company, with the trust purchasing 5,10,000 equity shares valued at Rs. 10 each.

Transaction Details

The share acquisition was completed on February 20, 2026, through open market transactions. The purchased shares represent 2.10% of Shankara Building Products Limited's total paid-up share capital.

Shareholding Pattern Changes

Prior to this acquisition, The Ballygunge Family Trust held a minimal stake of 9,000 shares, representing 0.037% of the company's equity capital. The substantial purchase has significantly increased their ownership position in the company.

Company Capital Structure

Shankara Building Products Limited maintains a stable equity capital structure with 2,42,49,326 equity shares of Rs. 10 each, amounting to total equity capital of Rs. 24,24,93,260. The company's shares are 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 Ballygunge Family Trust confirmed that it does not belong to the promoter or promoter group of Shankara Building Products Limited. The trust is registered at 490, 14th Main, 3rd Block, Koramangala, Bangalore-560 034, with the disclosure signed by the Managing Trustee.

This acquisition reflects institutional interest in Shankara Building Products Limited, with The Ballygunge Family Trust now holding a notable minority stake in the building products company.