Key Quantitative Figures
- Total Equity Share Capital of Three M Paper Boards Limited: 1,92,37,360 equity shares of ₹10 each (remained unchanged by this acquisition).
- Comfort Securities' Pre-Acquisition Holding: 9,22,000 shares (4.79% of total voting capital).
- Shares Acquired: Net acquisition of 5,20,000 shares, increasing holding by 2.7%.
- Post-Acquisition Holding: 14,42,000 shares (7.49% of total voting capital).
- Encumbered Shares: Nil shares encumbered before and after the acquisition.
Dates of Action
- Disclosure Date from Comfort Securities: June 9, 2026.
- Submission Date to BSE: June 11, 2026.
- Transaction Execution Dates: Multiple transactions executed between April 1, 2026, and June 9, 2026.
Parties Involved
- Acquirer: Comfort Securities Limited (CIN: U67120MH2002PLC136562).
- Target Company: Three M Paper Boards Limited (CIN: L22219MH1989PLC052740).
- Stock Exchange: BSE Limited (Scrip Code: 544214).
Transaction Details
Mode of Acquisition: Open Market purchases.
Detailed Transaction Breakdown:
- April 1, 2026: Sold 2,000 shares (0.01%)
- April 30, 2026: Acquired 4,000 shares (0.02%)
- May 5, 2026: Acquired 22,000 shares (0.11%)
- May 6, 2026: Sold 6,000 shares (0.03%); Acquired 18,000 shares (0.09%)
- May 7, 2026: Sold 2,000 shares (0.01%); Acquired 16,000 shares (0.08%)
- May 21, 2026: Acquired 20,000 shares (0.10%)
- May 22, 2026: Acquired 20,000 shares (0.10%)
- May 25, 2026: Acquired 52,000 shares (0.27%)
- May 26, 2026: Acquired 50,000 shares (0.26%)
- May 29, 2026: Acquired 54,000 shares (0.28%)
- June 1, 2026: Sold 2,000 shares (0.01%); Acquired 34,000 shares (0.18%)
- June 5, 2026: Acquired 40,000 shares (0.21%)
- June 8, 2026: Acquired 50,000 shares (0.26%)
- June 9, 2026: Acquired 58,000 shares (0.31%)
Financial and Capital Structure Impact
- The acquisition resulted in a change in ownership percentage but did not alter the company's total equity share capital, which remained at 1,92,37,360 shares.
- No dilution, encumbrance, or change in voting rights structure occurred as a result of these transactions.
#Tags: #ThreeMPaperBoards #ComfortSecurities #SEBITakeoverRegulations #RegulatoryCompliance #OwnershipDisclosure