The Ballygunge Family Trust Increases Stake in Shankara Building Products Limited

The Ballygunge Family Trust Increases Stake in Shankara Building Products Limited

The Ballygunge Family Trust Increases Stake in Shankara Building Products Limited​

The Ballygunge Family Trust has increased its stake in Shankara Building Products Limited through open market purchases, according to a regulatory filing. As of March 19, 2026, the trust’s holding now stands at 7,28,015 shares, representing 3.00% of the company’s total shares and voting capital.

Previously, the trust held 6,88,915 shares, which equated to 2.84% of the total shares and voting capital. The acquisition of 39,100 shares, valued at 0.161%, triggered the disclosure under Regulation 29(2) of the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The Ballygunge Family Trust is a promoter group entity. Shankara Building Products Limited has an equity share capital of 2,42,49,326 shares, with a total face value of ₹24,24,93,260.

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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