DISCLOSURE UNDER REGULATION 29(2) OF SEBI(SAST), REGULATION 2011
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Rushabh Hitendra Shah, a promoter of Three M Paper Boards Ltd, purchased 2,000 equity shares (0.01% of the company's share capital) through the open market on January 30, 2026. Prior to this acquisition, he held 14,43,000 shares (7.50%); after the purchase, his holding has marginally increased to 14,45,000 shares (7.51%). The disclosure is filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total share capital of the company remains 19,23,73,600 equity shares, and no encumbrance or pledge is involved in this transaction.
This is a very small open-market purchase by a promoter and signals continued promoter confidence, though the negligible size (0.01%) is unlikely to have any material impact on the stock price. Shareholders can view this as a routine insider activity rather than a significant accumulation.