Three M Paper Boards Limited disclosed a change in shareholding by its promoter, Hitendra Dhanji Shah, on July 31, 2026. The filing was made under Regulation 7(1)(b) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, including any statutory modifications or amendments or re-enactments thereof. This regulatory update ensures transparency regarding the promoter's stake in the company as required by market norms.

The disclosure was submitted to the Department of Corporate Relationship at the Bombay Stock Exchange (BSE). Three M Paper Boards Limited requested the exchange to take the information on record and disseminate it on its website. The filing serves as a formal notification of the promoter's current holding status.

Filing Details

The report was signed by Rushabh Hitendra Shah, Managing Director of Three M Paper Boards Limited, with DIN 01874177. The digital signature timestamp indicates the submission occurred on July 31, 2026, at 17:16:59 +05'30'.

Regulatory Context

Under the Prohibition of Insider Trading Regulations, designated persons, including promoters, are mandated to disclose their shareholdings and changes therein. Form C is specifically used for reporting holdings. The company emphasized that the enclosed disclosure reflects the shareholdings held by Hitendra Dhanji Shah as on the date of filing.

Three M Paper Boards Limited, formerly known as Three M Paper Boards Pvt. Ltd. and Three M Paper Mfg. Co. Pvt. Ltd., maintains its registered office in Mumbai. The company's plant is located in Kherdi-Chiplun, Ratnagiri, Maharashtra. The scrip code for the company on the BSE is 544214.

What the Numbers Show

This filing represents a standard compliance exercise rather than a strategic shift in ownership structure. The use of Form C indicates a routine update of existing holdings rather than an acquisition or disposal transaction that would typically trigger different reporting forms. Investors should monitor subsequent filings for any material changes in the promoter's stake that could signal confidence or divestment intentions.

Three M Paper Boards Limited promoter Rushabh Hitendra Shah acquired 2,000 equity shares through the open market on July 28, 2026, signaling continued confidence in the coated duplex board manufacturer. The transaction, valued at ₹50,500 excluding taxes and brokerage, increased his total holding to 14,63,000 shares, representing a 7.61% stake in the company’s voting capital.

The disclosure was submitted to the Bombay Stock Exchange (BSE) on July 29, 2026, in compliance with Regulation 7(1)(b) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Hitendra Dhanji Shah, Whole Time Director of Three M Paper Boards Limited, signed the filing. The company’s equity share capital remained unchanged at 19,23,73,600 shares following the transaction.

Transaction Details

Rushabh Hitendra Shah purchased the shares directly from the open market on the BSE. Prior to this acquisition, he held 14,61,000 shares, accounting for 7.59% of the total shareholding. The addition of 2,000 shares brought his post-acquisition stake to 14,63,000 shares or 7.61%. No warrants, convertible securities, or other instruments were involved in the transaction.

The annexure to the disclosure confirms that Rushabh Hitendra Shah belongs to the promoter group and his holding remains free of encumbrances such as pledges or liens. The open market mode of acquisition indicates a standard trading activity rather than a block deal or off-market transfer. There were no changes in voting rights otherwise than by shares.

Promoter Holding Structure

Three M Paper Boards Limited, formerly known as Three M Paper Boards Pvt. Ltd. and Three M Paper Mfg. Co. Pvt. Ltd., is listed on the BSE under Scrip Code 544214. The company manufactures coated duplex board and white board products from its plant located in Kherdi-Chiplun, Ratnagiri district, Maharashtra. The total diluted share/voting capital stood at 19,23,73,600 shares both before and after the purchase.