Shankara Building Products sets demerger record date for new equity shares

Shankara Building Products Limited has set a record date of Wednesday, September 24, 2025, for its demerger scheme, in accordance with SEBI Regulations, 2015. The purpose is to identify shareholders of the demerged company entitled to receive fully paid-up equity shares from the resulting company.

Under the scheme of arrangement, one fully paid-up equity share of INR 10 will be issued for every one equity share of INR 10 held by equity shareholders of the demerged company. These newly allotted equity shares are slated for listing on both the National Stock Exchange of India Limited and the BSE Limited, contingent on regulatory approvals.

The announcement was formally made by Ereena Vikram, company secretary & compliance officer of Shankara Building Products Limited.