Three M Paper Boards Limited has reported a minor change in promoter holding. Hitendra Dhanji Shah, a promoter and person acting in concert, acquired 2,000 shares, representing 0.01% of the total share capital. This acquisition occurred on September 21, 2026, resulting in a slight increase in his total holding to 47.61% of the company’s voting rights.
Promoter Stake Increase at Three M Paper Boards
Three M Paper Boards Limited has disclosed a recent transaction involving a key promoter. Hitendra Dhanji Shah, identified as a promoter and person acting in concert with the acquirer, has increased his shareholding in the company. This transaction occurred on September 21, 2026.
Details of the Acquisition
The acquisition involved 2,000 equity shares, which constitutes 0.01% of the total issued and paid-up share capital of Three M Paper Boards. Prior to this acquisition, Hitendra Dhanji Shah held 91,56,760 shares, representing 47.60% of the voting capital. Following the purchase, his total holding has risen to 91,58,760 shares, accounting for 47.61% of the total voting capital.
Holding Post-Acquisition
The company’s equity share capital remains at 19,23,73,600, both before and after the purchase. The total diluted share/voting capital also remains unchanged at 19,23,73,600. The acquisition was executed through an Open Market sell transaction.
Source: BSE
