BSECompany Update19h ago · 30 Oct 2026, 08:03 pm
Intimation of demise of Mr. Sukumar Srinivas, Promoter/ Managing Director of the Company
Shankara Building Products Ltd · 540425
✦ AI SummaryMgmt Change
Shankara Building Products 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.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Shankara Building Products Ltd - 540425 - Announcement under Regulation 30 (LODR)-Demise
Attachments (1)
📄pdf
Download →
4aea6d87-005a-43fa-a441-b61072a8bd70.pdf
View document text
Date: October 30, 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 G Block, Bandra Kurla Complex,
Towers, Dalal Street, Fort, Bandra (E)
Mumbai-400001 Mumbai- 400051
Scrip Code: - 540425 Symbol- SHANKARA
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.
We request you to take above information on record.
Thanking You
Yours faithfully,
For Shankara Building Products Limited
Ramesh S
Company Secretary & Compliance Officer
Registered Office: Corporate 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:-91-080-27836955
Email:-info@shankarabuildpro.com CIN: L24311KA1995PLC018990 Website: www.shankarabuildingproductsltd.com