Disclosure under Regulation 29(2) of SEBI(SAST) Regulations, 2011.
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Awaiting price reaction for this filing.
Three M Paper Boards Limited has filed a disclosure under SEBI (SAST) Regulation 29(2) regarding a share purchase by promoter Rushabh Hitendra Shah. He bought 2,000 equity shares (0.01% of shareholding) through the open market on February 24, 2026. Before the acquisition, he held 14,47,000 shares (7.52%); after the acquisition, his holding stands at 14,49,000 shares (7.53%). The total equity share capital of the company remains unchanged at 19,23,73,600 shares. The transaction was a minor open-market purchase and the disclosure has been made to comply with takeover regulations.
This is a very small open-market purchase by a promoter and is unlikely to materially affect the stock price. It signals continued promoter confidence in the company, though the size of the acquisition is too small to change the shareholding picture meaningfully.