Promoter Acquires Shares in Three M Paper Boards Ltd Through Open Market Transaction
A member of the promoter group, Rushabh Hitendra Shah, has acquired shares of Three M Paper Boards Limited through an open market purchase. The transaction was completed on June 24, 2026.The acquisition activity relates to the shareholding held by Mr. Shah within the company, which is listed on the BSE.
Prior to the acquisition, Rushabh Hitendra Shah held 1,455,000 shares of Three M Paper Boards Limited, representing 7.56% of the total diluted share and voting capital. The transaction involved the purchase of 2,000 shares through the open market.
Following the successful acquisition, Mr. Shah's holding increased to 1,457,000 shares, resulting in a stake of 7.57%.
The transaction details regarding the change in holdings are summarized below:
| Metric | Before Acquisition | Transaction Details | After Acquisition |
|---|---|---|---|
| Shares Held (Rushabh Hitendra Shah) | 1,455,000 | Acquired 2,000 shares | 1,457,000 |
| Holding Percentage | 7.56% | N/A | 7.57% |
| Mode of Acquisition | N/A | Open Market | N/A |
The total diluted share and voting capital of Three M Paper Boards Limited remained at 19,23,73,600 before and after the purchase. This acquisition was conducted by Rushabh Hitendra Shah, a member of the promoter group, and details pertaining to the transaction were recorded on June 24, 2026.
Stock Price Movement
Three M Paper Boards Ltd. settled on Wednesday after closing at ₹27.00, having edged higher by 3.93%. The shares traded completely flat throughout the session, remaining locked at this price point.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.
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