Three M Paper Boards Limited disclosed that promoter Rushabh Hitendra Shah acquired 2,000 shares (0.01%) through open market purchase on February 24, 2026, increasing his shareholding from 7.52% to 7.53%. The transaction was completed against the company's total equity share capital of 19,23,73,600 shares, with the disclosure filed under SEBI regulations for substantial acquisition of shares and takeovers.
Three M Paper Boards: Promoter Rushabh Hitendra Shah Increases Shareholding to 7.53%
Three M Paper Boards Limited has announced a shareholding change by promoter Rushabh Hitendra Shah, who acquired additional shares through open market purchase on February 24, 2026. The company filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Share Acquisition Details
Rushabh Hitendra Shah, who belongs to the promoter group, purchased 2,000 shares representing 0.01% of the company's total share capital through open market transactions. The acquisition was completed on February 24, 2026.
Parameter: Before Acquisition After Acquisition Number of Shares: 14,47,000 14,49,000 Shareholding Percentage: 7.52% 7.53% Shares Acquired: - 2,000 Acquisition Percentage: - 0.01%
Company Share Capital Structure
The company's equity share capital remained unchanged at 19,23,73,600 shares both before and after the acquisition. Three M Paper Boards Limited's shares are listed on BSE Limited under scrip code 544214.
Details: Information Total Equity Share Capital: 19,23,73,600 Stock Exchange: BSE Limited Scrip Code: 544214 Mode of Acquisition: Open Market Transaction Date: February 24, 2026
Regulatory Compliance
The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The company confirmed that the promoter held no encumbered shares, voting rights other than through shares, or convertible securities before or after the transaction.
The filing was signed by Hitendra Shah, Whole Time Director with DIN 00448925, and submitted to the Department of Corporate Relationship at BSE Limited. Three M Paper Boards Limited operates in the paper manufacturing sector, specializing in coated duplex board and white board products.
Three M Paper Boards Limited has announced that promoter Rushabh Hitendra Shah has increased his shareholding in the company through an open market acquisition on February 09, 2026. The transaction represents a minor but notable increase in the promoter's stake in the coated duplex board manufacturer.
Transaction Details
The acquisition involved the purchase of 2,000 equity shares carrying voting rights through open market transactions on BSE. This purchase represents 0.01% of the company's total share capital and voting capital, with a transaction value of ₹67,940.
Parameter: Before Acquisition Acquisition After Acquisition Number of Shares: 14,45,000 2,000 14,47,000 Percentage Holding: 7.51% 0.01% 7.52% Transaction Value: - ₹67,940 - Total Company Shares: 19,23,73,600 - 19,23,73,600
Shareholding Structure
Prior to this acquisition, Rushabh Hitendra Shah held 14,45,000 shares representing 7.51% of the total share capital. The promoter had no encumbrances, voting rights other than shares, or convertible securities in his holding. Following the February 09, 2026 transaction, his total holding increased to 14,47,000 shares, representing 7.52% of the company's equity.
Regulatory Compliance
The disclosure was made in accordance with Regulation 7(1)(b) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company filed the necessary documentation with BSE Limited, where Three M Paper Boards shares are listed under scrip code 544214. The company's ISIN is INEOUK501010.
Company Information
Three M Paper Boards Limited operates in the paper manufacturing sector, specializing in coated duplex board, both side coated, and white board products. The company's registered office is located at Royal Industrial Estate, Wadala, Mumbai, with its manufacturing plant situated in MIDC, Kherdi-Chiplun, Ratnagiri district, Maharashtra. The disclosure was signed by Hitendra Shah, Whole Time Director with DIN 00448925, on February 09, 2026.
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