Rajasthan Global Securities Increases Stake in Shankara Building Products Through Open Market Acquisition
Rajasthan Global Securities Private Limited (RGSPL), along with its associated Persons Acting in Concert, has enhanced its holding in Shankara Building Products Limited following an acquisition executed through the open market. This move reflects a continued interest from RGSPL and its PAC in the target company.The acquiring entities, which include RGSL Investment LVF 1****, held a significant stake prior to this transaction. Before the acquisition, the combined holding of Rajasthan Global Securities Private Limited and associated PACs stood at 26,28,000 shares, representing a 10.83% stake in Shankara Building Products Limited.
The increase in shareholding was achieved through an open market purchase on July 30, 2026. The transaction involved the acquisition of 2,00,000 shares, contributing 0.82% to the overall holding base. This acquisition brings the cumulative stake held by RGSPL and its PAC up to 11.66%.
The details regarding the pre-acquisition holdings, the nature of the transaction, and the resulting post-acquisition stake are summarized below:
| Metric | Before Acquisition (RGSPL & PAC) | Transaction Details | After Acquisition (RGSPL & PAC) |
|---|---|---|---|
| Shares Carrying Voting Rights | 26,28,000 (10.83%) | Acquired: 2,00,000 (Open Market) | 28,28,000 (11.66%) |
In terms of the company’s capital structure before and after this acquisition, the total voting capital stood at 2,42,49,326 equity shares of 710 each. The post-acquisition data reflected that the equity share capital and total voting capital remained consistent at 2,42,49,326 equity shares of 710 each.
SHANKARA Stock Price Movement
As of 12:41 PM, shares of Shankara Building Products Limited are climbing to ₹142.00, gaining 0.09% in current trading. The stock sees steady activity today, with a daily low recorded at ₹141.1 and total traded volume reaching 320,136 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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