Hitendra Dhanji Shah, a promoter of Three M Paper Boards , acquired 4,000 equity shares of the company on the Bombay Stock Exchange (BSE) on August 18, 2026. The transaction, valued at ₹94,820, was executed through an on-market purchase.

The acquisition increased Shah’s total shareholding to 91,56,760 shares. This represents a rise in his stake from 47.58% to 47.60% of the company’s total equity capital. The disclosure was made under Regulation 7(1)(b) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Transaction Details

The value of the transaction excludes taxes, brokerage, and other charges. The company received the disclosure in Form C on the same date as the transaction.

Three M Paper Boards Limited disclosed that its promoter, Rushabh Hitendra Shah, increased his stake in the company by purchasing 4,000 equity shares on the Bombay Stock Exchange (BSE) on August 6, 2026. The acquisition, executed through an open market transaction, raised Shah’s total holding to 14,69,000 shares, representing 7.64% of the company’s total voting capital. This incremental buy reflects continued promoter confidence in the coated duplex board manufacturer’s prospects.

The disclosure was filed with the Department of Corporate Relationship at BSE Limited in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Rushabh Hitendra Shah and endorsed by Hitendra Dhanji Shah, Whole Time Director of Three M Paper Boards Limited, on August 6, 2026. The document confirms that no encumbrances, pledges, or voting rights other than by shares were involved in the transaction.

Transaction Details

The purchase was conducted entirely through the open market mechanism, excluding off-market transfers or preferential allotments. The transaction value is recorded as ₹97,980, which excludes applicable taxes, brokerage fees, and other trade-related charges. Both the date of purchase and the date of intimation to the company were recorded as August 6, 2026.

Promoter Holding Structure

Prior to this transaction, Rushabh Hitendra Shah held 14,65,000 equity shares, accounting for 7.62% of the total share capital. The acquisition of 4,000 additional shares adjusted his percentage holding upward by 0.02% to 7.64%. As a promoter, Shah is subject to strict disclosure norms under the SEBI (SAST) Regulations to ensure transparency in significant changes to ownership stakes. The PAN associated with the promoter for this transaction is ASHPS5591H.

What the Numbers Show

The modest size of the transaction — 4,000 shares valued at under ₹1 lakh — suggests routine portfolio adjustment or incremental accumulation rather than a strategic block acquisition. However, any open-market purchase by a promoter is typically viewed positively by investors as it indicates internal confidence in the company’s valuation and future prospects. The increase in stake, though marginal in percentage terms, reinforces the promoter group’s commitment to the business amid current market conditions.