Shankara Building Products' Managing Director Sukumar Srinivas has offloaded over 10 lakh shares of the company for Rs 75 crore through an open market transaction. According to the block deal data on NSE, he sold 10 lakh shares at an average price of Rs 755 apiece. This took the total deal value to Rs 75.50 crore.
Shankara Building Products is a leading organized retailer of home improvement and building products in India, Operating under the brand name ‘Shankara Buildpro’.