Shankara Building Products Limited — Others, 11-01-2025: Copy of Newspaper Publication

Shankara Building Products Limited has announced a board meeting scheduled for February 12, 2025, to discuss and approve a proposed Scheme of Arrangement with Shankara Buildpro Limited. This follows directions from the Bengaluru Bench of the National Company Law Tribunal. The meeting will be conducted through video conferencing at 11:00 a.m. Equity shareholders are invited to participate and vote, with details shared in an advertisement published in local newspapers and via electronic communication. This strategic move aims to streamline the company’s operations and enhance shareholder value, potentially fostering a positive outlook for investors as the arrangement may lead to improved efficiencies and focused growth.