Three M Paper Boards Ltd — Important, 23-03-2026: Company Update

Three M Paper Boards Limited disclosed that promoter Rushabh Hitendra Shah has increased their holding in the company. Through an open market purchase, 2,000 additional equity shares were acquired. This transaction raised the promoter's stake from 7.53% (14,49,000 shares) to 7.54% (14,51,000 shares) of the total equity capital, which stands at 19,23,73,600 shares. Such share acquisitions by promoters often indicate a positive outlook on the company's future prospects, reflecting their confidence in its business and operations.