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Notice No. 20250922-7 Notice Date 22 Sep 2025Category Corporate Actions Segment EquitySubject Scheme of Arrangement (Demerger) of Shankara Building Products Limited (Scrip Code 540425) ContentTrading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (For Demerger) as approved by the Honble National Company Law Tribunal, Bengaluru Bench, Shankara Building Products Limited, has fixed Record Date for the purpose of Demerger and for determining the entitlement of the shareholders of the Company, as per details given below: -COMPANY NAMECODERECORD DATEPURPOSEEX-ENTITLEMENT FROMDATE &SETT. NO.SHANKARA BUILDING PRODUCTS LIMITED(540425)24/09/2024 As per Scheme of Arrangement approved by the Honble National Company Law Tribunal, Bengaluru Bench, between, SHANKARA BUILDING PRODUCTS LIMITED(the Demerged Company) and SHANKARA BUILDPRO LIMITED (the Resulting Company) and their Respective Shareholders and Creditors;The Scheme provides for Demerger of the Trading Business of SHANKARA BUILDING PRODUCTS LIMITED, (Demerged Company) INTO SHANKARA BUILDPRO LIMITED (Resulting Company) ; Upon the Scheme becoming effective and In consideration of the Demerger as stated above, SHANKARA BUILDING PRODUCTS LIMITED shall issue and allot Equity Shares to the shareholders of SHANKARA BUILDPRO LIMITED in the following proportion:- "For every 1 (One) Fully Paid-Up Equity Share of the Face Value of Rs.10/- (Rupees Ten Only) each, held in SHANKARA BUILDING PRODUCTS LIMITED (Demerged Company) as on the Record Date, the Equity Shareholders of the Demerged Company shall be issued 1 (One) Fully Paid Equity Share of face value of Rs.10/- (Indian Rupees Ten Only) each in the Resulting Company i.e.SHANKARA BUILDPRO LIMITED (Resulting Company)”24/09/2024DR-722/2024-2025
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