Shankara Buildpro Sukumar Srinivas steps down
Shankara Buildpro (BUILDPRO) said Sukumar Srinivas has ceased. The company is valued at about ₹534 crore.
What happened
Shankara Buildpro (BUILDPRO) told the exchanges on 30 October 2026 at 07:51 PM that Sukumar Srinivas has ceased.
From the filing: "With profound grief, we inform you of the demise of Mr."
Company snapshot
Shankara Buildpro is a micro-cap company, with a market value of about ₹534 crore.
The stock last traded at ₹220.2, against a 52-week range of ₹178–₹1,252.5 (82.4% below the high).
Before this filing the shares had moved −13.7% over the month and −10.5% over three months. Average daily turnover over the last 20 sessions was about ₹6.57 crore.
Promoters held 40.18% at the end of Q1 FY27. Foreign institutions owned 9.27% and domestic institutions 13.67%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q3 FY26 | 1,666 | 25 | 10.31 |
| Q4 FY26 | 1,996 | 41.4 | 17.12 |
| Q1 FY27 | 1,890 | 35.6 | 14.76 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Market-wide, 4,075 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 5 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.