Three M Paper Boards Limited has announced achieving a significant operational milestone during FY 2025-26, with revenue from sale of duplex boards surpassing Rs 300 crore. The company informed BSE Limited through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

The company's revenue performance demonstrates strong year-over-year growth, with total revenue including export incentives reaching the Rs 300 crore milestone in FY 2025-26.

Export Performance and Market Expansion

The company's international business contributed Rs 41 crore to the total revenue in FY 2025-26, highlighting successful global market penetration. This export performance forms a substantial component of the overall revenue achievement and demonstrates the company's ability to compete in international markets for duplex boards and packaging materials.

Strategic Growth Drivers

Three M Paper Boards Limited attributes this revenue milestone to several key strategic initiatives:

• Expanding market presence in both domestic and international markets
• Strengthening customer relationships and product quality
• Enhancing operational efficiencies and capacity utilization
• Capitalizing on growing demand in the packaging and paperboard sector

Market Position and Outlook

The management highlighted that this achievement reflects the company's resilience and consistent growth despite dynamic market conditions. The robust revenue increase indicates improved demand outlook in the packaging industry, strong export performance, and efficient cost management through strategic business planning.

Management Commentary

The company's leadership expressed optimism about maintaining growth momentum and remains committed to delivering long-term value to stakeholders through prudent financial management, innovation, and sustainable business practices. The filing was signed by Managing Director Rushabh Shah, emphasizing management's confidence in the company's strategic direction and operational capabilities.

Three M Paper Boards Limited has disclosed a substantial acquisition of shares by promoter Rushabh Hitendra Shah under SEBI regulations. The promoter increased his stake in the company through an open market purchase transaction executed on March 23, 2026, as per the disclosure made under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The promoter acquired 2,000 equity shares through open market transactions on BSE, with the total transaction value amounting to ₹40,000. The purchase was completed on March 23, 2026, and the company submitted the required disclosure to BSE Limited on the same date.

Shareholding Changes

Following the acquisition, Rushabh Hitendra Shah's shareholding in Three M Paper Boards Limited increased marginally from 7.53% to 7.54%. The detailed shareholding comparison shows the impact of this transaction on the promoter's overall stake in the company.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company submitted comprehensive details of the promoter's shareholding changes to BSE Limited as required under the regulatory framework. The equity share capital of the company remained unchanged at 19,23,73,600 shares before and after the transaction.

Company Information

Three M Paper Boards Limited operates in the paper manufacturing sector, specializing in coated duplex board, both side coated white board products. The company has its registered office at Royal Industrial Estate, Wadala, Mumbai, Maharashtra, and manufacturing plant at MIDC, Kherdi-Chiplun, Ratnagiri. The disclosure was signed by Whole Time Director Hitendra Shah (DIN: 00448925) on behalf of the company.