Three M Paper Boards Limited has announced a disclosure under SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011. The acquirer, Hitendra Dhanji Shah, has acquired an additional 4,000 shares, representing 0.02% of the total share capital. Following this acquisition, Mr. Shah’s total holding in the company has increased to 91,56,760 shares, constituting 47.60% of the total voting capital.
Share Acquisition by Acquirer
Three M Paper Boards Limited has submitted a disclosure concerning the acquisition of shares. The acquirer, Hitendra Dhanji Shah, has increased his stake in the company. This filing is in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of Transaction
Prior to this transaction, Hitendra Dhanji Shah held 91,52,760 shares, which represented 47.58% of the total voting capital. The acquisition involved an additional 4,000 shares, with the transaction taking place on August 18, 2026. These shares were acquired through an open market sell transaction.
Post-Acquisition Holding
Following the acquisition, Hitendra Dhanji Shah’s total holding in Three M Paper Boards Limited now stands at 91,56,760 shares. This new holding constitutes 47.60% of the total equity share capital and total voting capital of the company. The total diluted share/voting capital of the Target Company after the said acquisition remains at 19,23,73,600.
Source: BSE
