Shankara Bldg. Prod.

Shankara Building Products promoter vehicle The Ballygunge Family Trust together with four persons acting in concert acquired 63,04,825 shares representing 26% of voting capital through the open offer on 5 October 2026. The holding of the acquirer block rose from 22,66,112 shares (9.35%) to 85,70,937 shares (35.35%) of the 2,42,49,326-share capital. The offer at Rs 150 per share for up to 26% tendered between 7 and 21 September with consideration due by 6 October. Full take-up lifts the wider promoter group from 49.52% toward 75.52% and leaves public shareholding at 24.48% below the 25% minimum, against which a remedy undertaking was filed. Shankara is now a focused steel-products manufacturer with FY26 revenue of Rs 1,364 crore, net debt of Rs 190.87 crore and thin profitability after the marketplace demerger.

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Rajasthan Global Securities Private Limited sold 38,59,331 shares of Shankara Building Products in the open market on 5 October 2026, cutting its holding from 46,58,202 shares representing 19.21% to 7,98,871 shares representing 3.29% of the 2,42,49,326-share capital. The sale of 15.91% reversed an accumulation in which the holder had risen from 14.24% on 12 August to 16.25% on 10 September and to 19.21% on 18 September, with its persons acting in concert exiting on the final leg. The block had sat inside the 7-21 September tender window for the promoter group's ₹150 per share open offer for 26%. Shankara Building Products reported consolidated revenue of ₹1,364.01 crore for FY26, with manufactured steel and roofing products contributing ₹1,224.04 crore. Net debt stood at ₹190.87 crore at year end.

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Rajasthan Global Securities Private Limited bought 3,50,731 shares of Shankara Building Products on 18 September in the open market, taking its holding with persons acting in concert to 46,58,202 shares representing 19.21% of the share capital. RGSL Investment LVF 1, shown as a person acting in concert, sold its entire 67,272-share holding the same day, leaving a net addition of 2,83,459 shares. The holding had stood at 39,39,611 shares or 16.25% after purchases on 10 September, and at 34,54,110 shares or 14.24% in mid-August. A promoter-group open offer for up to 26% of the company at Rs 150 a share was open for tendering from 7 to 21 September. Shankara Building Products reported consolidated revenue of about Rs 1,364 crore for the year to March, with about 90% from manufactured steel and roofing products.

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Rajasthan Global Securities Private Limited and its PAC, RGSL Investment LVF 1, acquired 46,791 shares of Shankara Building Products in the open market on 10 September, raising their combined holding to 39,39,611 shares, or 16.25%. Their cumulative increase from the 14.24% level was 4,85,501 shares, representing 2.0021% of the company. The purchase came while Ballygunge Family Trust and its PACs were conducting a 26% open offer at ₹150 a share, with tendering scheduled for 7–21 September 2026. Shankara’s post-demerger operations generated about ₹1,224 crore of manufactured steel and roofing-product sales in FY26, while net debt stood at ₹190.87 crore.

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Shankara Building Products submitted the recommendations of its committee of independent directors on an open offer by The Ballygunge Family Trust and four persons or entities acting in concert. The offer covered up to 6,304,825 equity shares, or 26% of the paid-up capital, at ₹150 a share. The named PACs were Sukumar Srinivas, Parwathi Srikanth Mirlay, Dhananjay Mirlay Srinivas and Shankara Holdings Private Limited. Shankara reported FY26 revenue of ₹1,364.01 crore and net debt of ₹190.87 crore after the demerger.

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Aug 5 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• SHANKARA BUILDING PRODUCTS LTD JUNE-QUARTER CONSOL NET PROFIT 15.4 MILLION RUPEES

• SHANKARA BUILDING PRODUCTS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.5 BILLION RUPEES

Source text: ID:nBSE7gjC5K

Further company coverage: SHAB.NS

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The Ballygunge Family Trust, a promoter group entity of Shankara Building Products Ltd, announced a mandatory open offer on July 15, 2026, to acquire up to 63.04 lakh equity shares, representing 26% of the company's paid-up capital, at ₹150 per share. The total offer consideration works out to ₹94.57 crore. The open offer is triggered both by past acquisitions that breached SEBI's takeover regulations and by an intent to voluntarily increase the trust's stake from 9.35% to 35.35%. Post-offer, the combined promoter and promoter group holding will rise to 75.52%, significantly reducing the public float. The trust is classified as a promoter group member and is backed by managing director Sukumar Srinivas and other family entities as persons acting in concert.

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Rajasthan Global Securities Private Limited, a non-promoter shareholder of Shankara Building Products Ltd, acquired 2,15,721 equity shares on the open market on July 8, 2026, raising its stake from 5.98% to 6.87%. This follows a previous disclosure on July 1, when the entity had sold down to 4.24%. Since then, net purchases have lifted the holding by 2.63 percentage points, effectively reversing the earlier heavy selling. Shankara Building Products has a market capitalisation of about ₹313 crore.

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The Ballygunge Family Trust, a promoter group entity of Shankara Building Products Ltd, purchased 10,02,497 equity shares on the open market on June 30, 2026. The acquisition lifted the trust's holding from 5.20 per cent to 9.34 per cent of the company, which had a total equity capital of 2.42 crore shares at the time. The trust's stake previously stood at 12.63 lakh shares, and the addition of 10.02 lakh shares took its total to 22.65 lakh shares. The purchase was disclosed under Regulation 29(2) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations.

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Rajasthan Global Securities Private Limited, a non-promoter shareholder of Shankara Building Products Ltd, sold 9,52,819 equity shares on the open market on July 1, 2026. Before the sale, it held 19,80,145 shares, representing 8.17% of the company. The disposal reduced its stake to 4.24%, or 10,27,326 shares, taking it below the 5% substantial-shareholding threshold. The seller had last disclosed a 7% stake in February 2026. Shankara Building Products has a market capitalization of about ₹312 crore.

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May 5 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• SHANKARA BUILDING PRODUCTS LTD MARCH-QUARTER CONSOL NET PROFIT 73.5 MILLION RUPEES

• SHANKARA BUILDING PRODUCTS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.41 BILLION RUPEES

Source text: ID:nNSEWcFSX

Further company coverage: SHAB.NS

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Feb 10 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• SHANKARA BUILDING PRODUCTS LTD - RE-APPOINTS SUKUMAR SRINIVAS AS MANAGING DIRECTOR FOR FIVE YEARS

• SHANKARA BUILDING PRODUCTS LTD DEC-QUARTER CONSOL PROFIT 12.3 MILLION RUPEES

• SHANKARA BUILDING PRODUCTS LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.2 BILLION RUPEES

Source text: ID:nBSE1V1PBh

Further company coverage: SHAB.NS

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** Shares of Shankara Building Products SHAB.NS rise 7.4% to 1,084.90 rupees

** Co's Q1 consol net profit doubles Y/Y to 324 mln rupees ($3.7 mln); revenue rises 27.3% Y/Y

** Trading vols at 690,673 shares so far, over 6x the 30-day average

** Stock set to snap four session losing streak

** SHAB up ~57% YTD

($1 = 86.5360 Indian rupees)

(Reporting by Vijay Malkar)

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** Shares of Shankara Building Products SHAB.NS rise 9.5% to 812 rupees

** Co's Q4 consol profit rose 17.5% Y/Y, revenue up 19.1% Y/Y

** Trading vols at 291,605 shares, 1.8x the 30-day average

** Stock set to gain for fourth straight session

** SHAB up ~17% YTD

(Reporting by Vijay Malkar)

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Feb 3 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• SHANKARA BUILDING PRODUCTS DEC-QUARTER CONSOL TOTAL NET PROFIT 176.9 MILLION RUPEES

• SHANKARA BUILDING PRODUCTS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 14.37 BILLION RUPEES

Source text: ID:nBSE6WTfgH

Further company coverage: SHAB.NS

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** Shares of Shankara Building Products SHAB.NS fall as much as 8.8% to 455.35 rupees, last down 4.4%

** Building products firm reported a 16.5% y/y decline in Sept-quarter consol net profit at 152.1 mln rupees ($1.8 mln)

** Stock was down 3.6% ahead of results amid slump in broader markets .BO

** SHAB down ~33% YTD

($1 = 84.0880 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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June 21 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• CESSATION OF V. RAVICHANDAR AS CHAIRMAN

• APPOINTED B. JAYARAMAN AS CHAIRMAN

Source text for Eikon: ID:nBSE32qzSY

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** Shares of Shankara Building Products Ltd SHAB.NS rise as much as 7.5% to 715.50 rupees; on track to gain for third consecutive day

** Co reported a 26.5% rise in its March-qtr consolidated total net profit to 242.2 million rupees ($2.91 million), helped by increased demand in its retail segment

** Retail segment rev rose 5.1%, which helped push rev from ops up by 13.8%

** More than 431,000 shares traded as of 12:42 p.m. IST, 6.7x their 30-day moving avg

** SHAB fell 10.2% in March-qtr and down ~1.1% YTD

($1 = 83.3600 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Dec 18 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• SCHEME OF ARRANGEMENT AMONGST CO AND SHANKARA BUILDPRO

• CO APPROVED DEMERGER OF BUSINESS

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Aug 9 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• INDIA'S SHANKARA BUILDING PRODUCTS JUNE-QUARTER CONSOL PROFIT 172.8 MILLION RUPEES VERSUS PROFIT 120.2 MILLION RUPEES

• SHANKARA BUILDING PRODUCTS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 11.32 BILLION RUPEES VERSUS 8.33 BILLION RUPEES

Source text for Eikon: ID:nBSEfpXSW

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July 25 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• OPENED NEW STORE/FULFILMENT CENTERS UNDER SHANKARA BUILDPRO BRAND IN GUJARAT AND TAMIL NADU

• CO DECIDED TO CLOSE STORES IN CHITRADURGA, ANANTAPUR AND GANAPATHY

Source text for Eikon: ID:nBSE5BVrtb

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May 11 (Reuters) - Shankara Building Products Ltd SHAB.NS:

• SHANKARA BUILDING PRODUCTS LTD - FINAL DIVIDEND 2.50 RUPEES PER SHARE

• INDIA'S SHANKARA BUILDING PRODUCTS MARCH-QUARTER CONSOL NET PROFIT 191.4 MILLION RUPEES VERSUS PROFIT 155.7 MILLION RUPEES

• SHANKARA BUILDING PRODUCTS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 12.10 BILLION RUPEES VERSUS 7.82 BILLION RUPEES

Source text for Eikon: ID:nBSE1j6jDw

Further company coverage: SHAB.NS

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