Premier Polyfilm Limited has disclosed that its promoter group company, D L Millar & Co Ltd, acquired 1,70,250 equity shares through open market transactions on March 24, 2026. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the regulatory filing dated March 25, 2026.

Transaction Details

The share acquisition was executed through the National Stock Exchange (NSE) on March 24, 2026, representing a strategic increase in the promoter group's stake:

Updated Shareholding Pattern

Following the latest acquisition, D L Millar's shareholding in Premier Polyfilm Limited has been updated as per the regulatory disclosure:

Company Structure and Compliance

Premier Polyfilm Limited maintains its equity share capital structure of Rs. 10,47,42,475, comprising 10,47,42,475 equity shares of Rs. 1 each. The company's shares are listed on both BSE Limited and NSE Limited.

Regulatory Filing Details

The disclosure was submitted by Subhash Kumar Pandit, Director of D L Millar & Co Ltd (DIN: 00120749), to the listing departments of both stock exchanges. The filing was also sent to Premier Polyfilm Limited's compliance officer Heena Soni and the audit committee chairperson, ensuring full regulatory compliance with SEBI takeover regulations.

Corporate Information

D L Millar & Co Ltd, incorporated in 1929 with CIN U51491DL1929PLC389839, operates from its registered office at Flat No. 303, Elite House, Kailash Colony Extension, New Delhi. Premier Polyfilm Limited, incorporated in 1992 with CIN L52109DL1992PLC049590, is headquartered at 305, Elite House, Kailash Colony Extension, New Delhi.

Premier Polyfilm Limited, through its promoter group company D L Millar & Co Ltd, has witnessed another significant equity acquisition. The latest transaction, disclosed under SEBI takeover regulations on March 17, 2026, represents a substantial increase in the promoter group's shareholding position.

Latest Transaction Details

The most recent acquisition involved the purchase of 2,55,199 equity shares through open market operations on NSE, completed on March 16, 2026. This transaction represents a 0.24% increase in the company's total shareholding.

Updated Shareholding Position

Following the latest transaction, D L Millar & Co Ltd's shareholding position in Premier Polyfilm Limited has increased significantly to 14.06% from the previous holding of 13.82%.

Company Capital Structure

Premier Polyfilm Limited's equity share capital structure remains unchanged following these transactions.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. D L Millar & Co Ltd continues to maintain its status as a promoter group company of Premier Polyfilm Limited.

The transaction notification was submitted to BSE Limited, National Stock Exchange of India Limited, along with the target company's compliance officer and audit committee chairperson. The disclosure was signed by Subhash Kumar Pandit (DIN: 00120749), Director of D L Millar & Co Ltd.

This acquisition represents continued investment by the promoter group in Premier Polyfilm Limited, with the company maintaining transparency through proper regulatory disclosures as required under SEBI guidelines.