Three M Paper Boards Limited has disclosed additional insider trading activity by its promoter under SEBI regulations. The company filed another mandatory disclosure with BSE Limited on December 19, 2025, regarding further changes in promoter shareholding under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Recent Promoter Share Acquisition Details

Promoter Rushabh Hitendra Shah acquired additional equity shares in the company through market purchase on December 19, 2025. The latest transaction details are presented below:

Updated Shareholding Changes

The recent acquisition resulted in a marginal increase in the promoter's shareholding percentage in Three M Paper Boards Limited:

Company Share Capital Structure

The disclosure provides details of the company's equity share capital structure at the time of transaction:

Regulatory Compliance

The latest disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Whole Time Director Hitendra Shah, with DIN 00448925, signed the disclosure letter submitted to BSE Limited on December 19, 2025.

The company requested BSE to take the disclosure on record and disseminate the information on its website as per regulatory requirements. The filing includes complete details of the promoter's transaction with comprehensive shareholding information in the prescribed format.

Company Information

Three M Paper Boards Limited operates in the paper industry with its registered office at Royal Industrial Estate, Office No. A-33/34, 5B Naigaon Cross Road, Wadala, Mumbai 400031, Maharashtra. The company's BSE scrip code is 544214, and it has ISIN number INE0UK501010. The company specializes in coated duplex boards and white boards manufacturing with its plant located at F-4, MIDC, Kherdi-Chiplun, Dist. Ratnagiri, Maharashtra.

Three M Paper Boards Limited has received reaffirmation of its credit ratings from CARE Ratings Limited, as communicated to BSE on December 12, 2025. The rating agency reviewed and maintained the existing credit ratings based on the company's operational and financial performance for FY25 (Audited) and H1FY26 (Unaudited).

Credit Rating Details

CARE Ratings Limited reaffirmed the following credit ratings for Three M Paper Boards Limited:

The long-term rating carries a stable outlook, indicating the rating agency's assessment of the company's creditworthiness over an extended period.

Facility Structure and Amount

The total rated bank facilities amount to ₹85.41 crores, distributed across various categories:

Long-Term Facilities Breakdown

The long-term facilities of ₹82.91 crores include:

Term Loans: Multiple term loans from various banks including Axis Bank Ltd., SVC Co-operative Bank Ltd., and Federal Bank with varying repayment schedules ranging from 28 months to 84 months.

Fund-Based Limits: Working capital facilities from:

• SVC Co-operative Bank Ltd.: ₹20.00 crores
• State Bank of India: ₹11.00 crores
• Federal Bank: ₹9.00 crores
• Axis Bank Ltd.: ₹8.00 crores

Short-Term Facilities

The short-term facilities of ₹2.50 crores comprise non-fund based limits including bank guarantees and credit exposure limits from State Bank of India and Axis Bank Ltd.

Regulatory Compliance

The company made this disclosure in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Hitendra Shah, Whole Time Director (DIN: 00448925), and includes the complete rating letter from CARE Ratings Limited for stakeholder reference.

CARE Ratings noted that the rating review was based on recent developments including the company's operational and financial performance, with the rating committee maintaining confidence in the existing rating levels across all facility categories.