Three M Paper Boards Limited has disclosed a transaction under SEBI’s Takeover Regulations. Hitendra Dhanji Shah, a promoter, acquired 2,000 shares, representing 0.01% of the total equity. This minor adjustment results in a slight increase in his overall holding from 47.57% to 47.58%. The transaction occurred on August 13, 2026, via an open market sale.
Shareholding Update from Three M Paper Boards
Three M Paper Boards Limited has submitted a disclosure regarding a change in shareholding by its promoter, Hitendra Dhanji Shah. The filing, made in accordance with SEBI’s (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details a minor transaction affecting the promoter’s stake in the company.
Details of the Transaction
Prior to the acquisition, Hitendra Dhanji Shah held 91,50,760 shares, constituting 47.57% of the total voting capital. On August 13, 2026, the promoter acquired 2,000 shares through an open market sale. This acquisition represents 0.01% of the total share capital. Following this transaction, the promoter’s total holding increased to 91,52,760 shares, which now accounts for 47.58% of the company’s voting rights.
Post-Acquisition Holding
The total equity share capital of Three M Paper Boards Limited remains unchanged at 19,23,73,600. The post-acquisition total diluted share capital also stands at 19,23,73,600. This minor adjustment reflects a subtle shift in the promoter’s direct ownership within the company’s shareholding structure.
Source: BSE
