Shankara Building Products Limited — JV/Acquisition, 01-09-2025: Demerger
01-09-2025 | 08:57 pm
01-09-2025 | 08:57 pm
The National Company Law Tribunal has approved the demerger of Shankara Building Products' (SBPL) Trading Business into Shankara Buildpro Limited (SBL). This strategic move aims to create a dedicated vertical, enhance operational focus, and unlock value for shareholders. For every 1 equity share of SBPL held, investors will receive 1 equity share of SBL. The newly demerged SBL shares will be separately listed on stock exchanges, offering investors greater flexibility and potential for focused growth in both entities. This also targets improved corporate governance. #Demerger #Shankara #ValueCreation
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