Promoter Acquired Shares in Three M Paper Boards Ltd, Increasing Holding to 7.56%
Rushabh Hitendra Shah, a promoter of Three M Paper Boards Limited, acquired shares in the company through the open market on June 16, 2026. This acquisition increased his stake from 7.55% to 7.56%.The transaction details show that Rushabh Hitendra Shah held 14,53,000 shares before the purchase. Through the open market, he acquired an additional 2,000 shares, representing a 0.01% stake.
Following the acquisition, his total holding stood at 14,55,000 shares, which translates to a 7.56% stake in the company's voting capital.
The details of the promoter's holding before and after the acquisition are summarized below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares Held (Voting Rights) | 14,53,000 | 14,55,000 |
| Promoter Holding Percentage | 7.55% | 7.56% |
| Mode of Acquisition | Open Market | Open Market |
The transaction details concerning the total voting capital of the target company are as follows:
| Financial Metric | Before Purchase | After Purchase |
|---|---|---|
| Equity Share Capital / Total Voting Capital | 19,23,73,600 | 19,23,73,600 |
| Total Diluted Share/Voting Capital of the Company | 19,23,73,600 | 19,23,73,600 |
Stock Price Movement
Three M Paper Boards Ltd settled at ₹26.25 on Tuesday after ticking up by 2.54%. The shares moved within an intraday range, trading between a low of ₹25.09 and a high of ₹27.50.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.