Three M Paper Boards Limited has filed a disclosure under SEBI regulations detailing share acquisition by Rushabh Hitendra Shah, a promoter. This transaction involves the acquisition of 2,000 shares, increasing the promoter group’s total holding to 14,73,000 shares, representing 7.66% of the total diluted share capital. The acquisition occurred on August 20, 2026, via the open market.
Share Acquisition by Promoter Group
Three M Paper Boards Limited has officially disclosed a change in its shareholding pattern as per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to an acquisition of shares by Rushabh Hitendra Shah, who is identified as part of the promoter group.
Transaction Details
The transaction involved the acquisition of 2,000 equity shares. This acquisition took place on August 20, 2026, through the Open Market route. Prior to this transaction, the holding of the acquirer and persons acting in concert was 14,71,000 shares, constituting 7.65% of the total share capital. Following the acquisition, the total number of shares held by the promoter group now stands at 14,73,000 shares. This represents an increased stake of 7.66% in the total share capital, both on a pre- and post-acquisition basis, considering the total diluted share capital.
Current Holding Structure
The disclosure also confirms that the total equity share capital and total voting capital of Three M Paper Boards Limited remained constant at 19,23,73,600 both before and after the purchase. The target company, Three M Paper Boards Limited, is listed on the Bombay Stock Exchange (BSE).
Source: BSE
