Franklin Templeton sells entire stake in Shankara Building Products

Franklin Templeton Mutual Fund has sold its entire holding of 1,052,838 shares in Shankara Building Products Limited. This transaction, executed on October 09, 2025, represented 4.342% of the total share and voting capital of Shankara Building Products. The disposal was carried out via an open market sale.

Prior to the disposal, Franklin Templeton Mutual Fund held 1,052,838 shares, equating to 4.342% of the company's total voting capital. Following the sale, their holding, including that of Persons Acting in Concert (PACs), now stands at nil shares and 0% of the voting capital. The shares were held through various schemes, with Franklin India Small Cap Fund accounting for the entire stake sold.

The target company, Shankara Building Products Limited, has a total equity share capital and diluted voting capital of 24,249,326 shares after the sell. The disclosure was made on October 10, 2025, to the National Stock Exchange of India Ltd and BSE Ltd.