Three M Paper Boards Limited has submitted a regulatory disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding changes in promoter shareholding.
Transaction Details
- Acquirer/Seller: Hitendra Dhanji Shah (Promoter)
- Transaction Type: Sale of shares
- Mode of Transaction: Open market sale
- Date of Transaction: July 22, 2026
- Number of Shares Sold: 2,000 shares
- Percentage of Total Voting Capital: 0.01%
Shareholding Changes
Pre-Transaction Holding (Before July 22, 2026):
- Shares carrying voting rights: 91,44,760
- Percentage of total share/voting capital: 47.54%
- No shares were encumbered (pledge/lien/non-disposal undertaking)
- No voting rights otherwise than by shares
- No warrants/convertible securities
- Total holding: 91,44,760 shares (47.54%)
Transaction Details:
- Shares carrying voting rights sold: 2,000
- Percentage of total share/voting capital: 0.01%
- No other instruments or voting rights were involved in the transaction
Post-Transaction Holding (After July 22, 2026):
- Shares carrying voting rights: 91,46,760
- Percentage of total share/voting capital: 47.55%
- No shares encumbered
- No voting rights otherwise than by shares
- No warrants/convertible securities
- Total holding: 91,46,760 shares (47.55%)
Capital Structure Impact
- Equity share capital before transaction: 19,23,73,600 shares
- Equity share capital after transaction: 19,23,73,600 shares
- Total diluted share/voting capital: 19,23,73,600 shares
- The transaction resulted in a minimal reduction of the promoter's holding from 47.54% to 47.55%
Financial Impact
The transaction represents a minor change in ownership structure with no material impact on the company's capital structure or voting pattern. The total equity capital remains unchanged at 19,23,73,600 shares.
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