
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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