Promoter Rushabh Hitendra Shah increased his shareholding in Three M Paper Boards Limited by acquiring 2,000 equity shares through an open market transaction on June 24, 2026. The acquisition raised his total voting rights in the company to 7.57%, reflecting a strategic adjustment in the promoter group's stake.

The disclosure was submitted to BSE Limited in compliance with Regulation 7(1)(b) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company filed Form-C to report the continual disclosure of the change in holdings.

Prior to the transaction, Shah held 14,55,000 shares, accounting for 7.56% of the total paid-up share capital. Following the purchase of 2,000 shares for a total consideration of ₹54,000, his holding has increased to 14,57,000 shares. The total equity share capital and total diluted share capital of Three M Paper Boards Limited remain unchanged at 19,23,73,600 shares.

The transaction details confirm that the shares were acquired on the BSE exchange. There were no changes in holdings of warrants, convertible securities, or encumbered shares reported in the filing. The acquirer belongs to the promoter category of the company.

Shareholding Details

Promoter Rushabh Hitendra Shah has increased his shareholding in Three M Paper Boards Limited to 7.56% through an open market acquisition. The disclosure, submitted to BSE Limited on June 16, 2026, details the purchase of 2,000 shares, increasing the acquirer's stake relative to the target company's total voting capital.

The transaction was executed pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Before the acquisition, Rushabh Hitendra Shah held 14,53,000 shares, accounting for 7.55% of the total share capital. The acquirer belongs to the promoter group of Three M Paper Boards Limited.

The equity share capital of Three M Paper Boards Limited remained unchanged at 19,23,73,600 equity shares before and after the acquisition. The total diluted share capital also stands at 19,23,73,600 equity shares.

Acquisition Details

The following table outlines the specific transaction undertaken by Rushabh Hitendra Shah on June 16, 2026:

Post-Acquisition Holding

Following the completion of this transaction, Rushabh Hitendra Shah holds a total of 14,55,000 shares carrying voting rights. This constitutes 7.56% of the total share capital and 7.56% of the total diluted share capital of Three M Paper Boards Limited. There are no shares encumbered or warrants held by the acquirer.