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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Shankara Building Products Ltd

Shankara Building Products: Independent Directors' Open Offer Recommendation

M&A ● No Immediate Change MEDIUM RISK
📅 Filed on BSE: 02 Sep 2026, 02:42 PM IST  ·  BSE ID: bd23d769-f62f-4e7d-a40b-15d7efe798ef
View Original BSE Filing (PDF)
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In Simple Terms
The company's independent directors have given their advice to shareholders about a previously announced offer to buy their shares.
🤖 AI Summary
  • Committee of Independent Directors (CID) for Shankara Building Products issued recommendations on open offer.
  • The recommendation is made in accordance with Regulation 26(7) of SEBI Takeover Regulations, 2011.
  • This filing provides the CID's advice to shareholders concerning the open offer.
  • The open offer was previously announced by Ballygunge Family Trust at INR 150/- per share.
🏢 How This Affects the Company
⚠️
Risk Impact
The filing addresses the regulatory process for an open offer, providing guidance to shareholders regarding the transaction.
👥 What This Means For Shareholders
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Action Required
Shareholders should review the Committee of Independent Directors' recommendation regarding the open offer.
👤
Who Is Affected
All shareholders of Shankara Building Products Ltd are affected, as the open offer by Ballygunge Family Trust is at INR 150/- per share.
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Management Signal
The filing indicates that the independent directors are fulfilling their regulatory obligation to provide guidance on the open offer.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Outcome of the open offer for Shankara Building Products.
Details on the tendered shares in the open offer.
Any further announcements regarding changes in shareholding or management.
MEDIUM RISK The open offer process introduces potential changes in ownership and company control.
💡 Investor Takeaway
The Committee of Independent Directors (CID) for Shankara Building Products has provided its recommendation on the open offer from Ballygunge Family Trust at INR 150/- per share, as per Regulation 26(7) of SEBI Takeover Regulations, 2011.
📅 Company Track Record
A past filing on 2026-07-29 announced an open offer by Corporate Professionals Capital Pvt Ltd (Manager to the Offer) on behalf of Ballygunge Family Trust, at INR 150/- per share for Shankara Building Products.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the purpose of this Shankara Building Products filing?
The filing provides the recommendation of the Committee of Independent Directors (CID) to shareholders regarding the previously announced open offer for Shankara Building Products.
Under which regulation is this recommendation for Shankara Building Products made?
This recommendation is made in terms of Regulation 26(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
What was the offer price for the open offer mentioned in past filings for Shankara Building Products?
Past filings indicated an open offer by Ballygunge Family Trust at INR 150/- per share for Shankara Building Products.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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