BSECompany Update19h ago · 30 Oct 2026, 07:51 pm
Intimation of Demise of Mr. Sukumar Srinivas, Promoter/Managing Director of the Company
Shankara Buildpro Ltd · 544517
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Shankara Buildpro Ltd has announced the demise of its Managing Director, Mr. Sukumar Srinivas, who was also the founder of the company. The Board of Directors and management express their condolences and appreciate his contribution to the company's growth and development.
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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Shankara Buildpro Ltd - 544517 - Announcement under Regulation 30 (LODR)-Demise
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Date: 30th October 2026
To To
Department of Corporate services Listing Department
BSE Limited National Stock Exchange of India Limited
1st Floor, New Trading Ring, Exchange Plaza, Plot No. C-1,
Rotunda Building, Phiroze Jeejeebhoy Block G,
Towers, Dalal Street Bandra Kurla Complex, Bandra (E)
Mumbai - 400 001 Mumbai - 400 051
Symbol: 544517 Scrip Code: BUILDPRO
Dear Sir/Madam,
Sub: - Intimation of Demise of Mr. Sukumar Srinivas, Promoter / Managing Director under
Regulation 30(2)/(6) read with Para A of Part A of Schedule III of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).
With profound grief, we inform you of the demise of Mr. Sukumar Srinivas, Managing Director of
the Company, today, i.e., Friday, October 30, 2026. Mr. Sukumar Srinivas was the Founder of the
Company and played a pivotal role in its growth and development over the years. The Board of
Directors and the Management of the Company express their deepest condolences and place on
record their sincere appreciation for his invaluable contribution, visionary leadership, and
enduring association with the Company.
Further, pursuant to Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, Mr. Sukumar Srinivas ceases to be classified as a Promoter of
the Company consequent to his demise.
Kindly take the above information on record.
For Shankara Buildpro Limited
Ereena Vikram
Company Secretary & Compliance Officer
M. No. 33459
Corporate Office: Registered Office:
G2, Farah Winsford, 133 Infantry Road, No.21/1 & 35-A-1, Hosur Main Road,
Bengaluru-560001. Karnataka Electronic City, Veerasandra, Bengaluru-560100
Ph.: +91-080-40117777 Ph.: +91-080-29910702 I 080-29910709
Email :- info@shankarabuildpro.com I CIN: L24311KA2023PLC179791 I Website : www.shankarabuildpro.com