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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: Open Offer by Ballygunge Family Trust at INR 150/share

M&A ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 07:25 PM IST  ·  BSE ID: 53b9bc03-2d20-4d17-9903-82892e023381
View Original BSE Filing (PDF)
💡
In Simple Terms
An investor group called Ballygunge Family Trust made a cash offer to buy shares of Shankara Building Products for INR 150 each.
🤖 AI Summary
  • Ballygunge Family Trust and PACs initiated an open offer for Shankara Building Products shares.
  • Offer price set at INR 150/- per fully paid-up equity share, payable in cash.
  • Offer is made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
  • Tendering period runs from September 07, 2026, to September 21, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Offer Price per Equity Share
INR 150/-
🏢 How This Affects the Company
⚠️
Risk Impact
Shareholders face the decision of tendering shares at the stated offer price or retaining their holdings.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must review the Draft Letter of Offer and decide whether to tender their shares during the offer period.
👤
Who Is Affected
All public equity shareholders of Shankara Building Products Limited are affected, as they have the option to tender their shares at the offer price of INR 150/- per share.
🔍
Management Signal
The offer signals a potential change in the ownership structure or influence within Shankara Building Products Limited by the Acquirer and PACs.

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

👁 Watch List — track these upcoming events
Offer Opening Public Announcement — check for any offer price revisions by September 03, 2026
SEBI website updates — confirm final Letter of Offer publication
Outcome of the open offer — assess total shares tendered post-September 21, 2026
MEDIUM RISK Shareholders must decide on tendering shares during the specified offer period.
💡 Investor Takeaway
The Ballygunge Family Trust and PACs initiated an open offer to acquire shares of Shankara Building Products Limited at INR 150/- per fully paid-up equity share. The offer period is from September 07, 2026, to September 21, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • The open offer provides existing shareholders a defined exit opportunity at INR 150/- per equity share.
  • The offer is not subject to any minimum level of acceptance, ensuring execution for tendered shares.
❓ Frequently Asked Questions
What is the open offer price for Shankara Building Products Limited shares?
The open offer price for Shankara Building Products Limited shares is INR 150/- per fully paid-up equity share, payable in cash.
Who is making the open offer for Shankara Building Products Limited?
The open offer is being made by The Ballygunge Family Trust along with Persons Acting in Concert (PACs): Mr. Sukumar Srinivas, Ms. Parwathi Srikanth Mirlay, Mr. Dhananjay Mirlay Srinivas, and Shankara Holdings Private Limited.
When does the open offer for Shankara Building Products Limited shares open and close?
The open offer opens on September 07, 2026, Monday, and closes on September 21, 2026, Monday.
Is the open offer for Shankara Building Products Limited subject to a minimum acceptance level?
No, this open offer is not subject to any minimum level of acceptance.
Can the offer price for Shankara Building Products Limited shares change?
Yes, there can be an upward revision in the Offer Price by the Acquirer and PACs up to one working day prior to the commencement of the tendering period, i.e., up to September 03, 2026.

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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