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Shankara Building Products Ltd. ( (IN:SHANKARA) ) has issued an announcement.
Shankara Building Products Limited has announced that Shankara Buildpro Limited, the resulting company formed under a court-approved Scheme of Arrangement, has received approvals from both BSE Limited and the National Stock Exchange of India for the listing and trading of its equity shares, effective January 9, 2026. The separate listing of Shankara Buildpro marks a key milestone in the demerger process, potentially providing greater transparency and value discovery for shareholders while allowing each entity to focus more sharply on its core operations and strategic priorities within the building materials and retail space.
More about Shankara Building Products Ltd.
Shankara Building Products Limited operates in the building materials and construction retail sector, supplying a range of building products through its retail brand Shankara Buildpro. The company serves individual home builders, contractors, and institutional customers across India, positioning itself as an organized player in a largely fragmented building products market.
Average Trading Volume: 35,394
Technical Sentiment Signal: Sell
Current Market Cap: 2.58B INR
See more data about SHANKARA stock on TipRanks’ Stock Analysis page.