Three M Paper Boards Limited has received a disclosure from Rushabh Hitendra Shah, a Promoter, indicating an acquisition of 2,000 Equity Shares.

These shares were purchased on the open market via BSE for a value of 48,400 (currency not specified). This transaction increases the Promoter's total holding to 14,73,000 Equity Shares, representing 7.66% of the company.

An increase in promoter stake often signals confidence in the company's future.