Three M Paper Boards Limited announced that its promoter, Rushabh Hitendra Shah, acquired an additional 2,000 shares of the company. The transaction, executed on August 10, 2026, through the open market, resulted in a minor increase in his total shareholding to 14,71,000 shares, representing 7.65% of the total equity capital. This acquisition represents a small, deliberate stake increase by the promoter.
Promoter Stake Increase
Three M Paper Boards Limited disclosed a recent transaction where a promoter entity increased its shareholding in the company. Rushabh Hitendra Shah, identified as a promoter, acquired 2,000 shares of the company on August 10, 2026. This acquisition was made through the Open Market.
Shareholding Details
Prior to this acquisition, Rushabh Hitendra Shah held 14,69,000 shares, which constituted 7.64% of the total voting capital. Following the purchase of 2,000 shares, his total holding now stands at 14,71,000 shares, representing 7.65% of the total equity share capital. The total diluted share capital remains unchanged at 19,23,73,600.
The disclosure is made in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 29(2).
Source: BSE
