RGSPL increases stake in Shankara Building Products Ltd through open market purchase
Rajasthan Global Securities Private Limited (RGSPL) has acquired an additional stake in Shankara Building Products Limited, boosting its holding percentage following a transaction conducted on July 22, 2026. The acquisition was carried out via the Open Market route by RGSPL, along with its associate PAC, RGSL Investment LVF 1.The shareholding of Rajasthan Global Securities Private Limited and its associated Persons Acting in Concert (PAC) increased subsequent to the purchase of shares. Before the transaction, the acquirer group held 21,06,531 shares, representing 8.69% of the total diluted share/voting capital of Shankara Building Products Limited.
The company acquired 99,527 shares carrying voting rights in the Open Market.
Following the acquisition, the consolidated stake of RGSPL and its PAC rose to 22,06,058 shares, corresponding to a holding of 9.10%. This marks an increase of 0.41% in their equity stake.
The transaction details regarding the shareholding of Shankara Building Products Limited before and after the acquisition are summarized below:
| Metric | Before Acquisition (RGSPL + PAC) | After Acquisition (RGSPL + PAC) |
|---|---|---|
| Shares Carrying Voting Rights Held | 21,06,531 | 22,06,058 |
| Percentage of Diluted Capital | 8.69% | 9.10% |
The equity share capital of Shankara Building Products Limited was recorded as 2,42,49,326 shares of 710 each both before and after the acquisition, maintaining a consistent diluted share/voting capital total.
SHANKARA Stock Price Movement
As of 10:30 AM, shares of Shankara Building Products Limited are slipping by 0.07%, currently trading at ₹138.89 as investors react to market activity. The company has traded 6,663 shares in the live session so far today, reflecting moderate movement against a narrow intraday range.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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