D L Millar raises stake in Premier Polyfilm to 15.31%
D L Millar & Co Ltd increased its shareholding in Premier Polyfilm Limited to 15.31% through an open market purchase of 95,270 shares on June 17, 2026. The acquisition, disclosed under SEBI (SAST) Regulations, raised the promoter group company's holding from 15.22%. The total paid-up equity share capital of Premier Polyfilm Limited remains Rs. 10,47,42,475.

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D L Millar & Co Ltd, a promoter group company, has increased its shareholding in Premier Polyfilm Limited to 15.31% following an open market acquisition on June 17, 2026. The acquirer purchased 95,270 equity shares, representing 0.09% of the target company's total share capital. The disclosure was submitted to the stock exchanges under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Prior to this transaction, D L Millar & Co Ltd held 1,59,43,935 shares, accounting for 15.22% of the total voting capital. The acquisition was executed entirely through the open market route. Following the purchase, the acquirer's total holding stands at 1,60,39,205 equity shares.
Shareholding Details
The table below outlines the changes in shareholding for D L Millar & Co Ltd before and after the transaction:
| Description | Number of Shares | Percentage of Shareholding |
|---|---|---|
| Holding before acquisition | 1,59,43,935 | 15.22% |
| Shares acquired | 95,270 | 0.09% |
| Holding after acquisition | 1,60,39,205 | 15.31% |
Transaction and Capital Structure
The equity shares of Premier Polyfilm Limited are listed on BSE Limited and NSE Limited. The total paid-up equity share capital of the target company remains unchanged at Rs. 10,47,42,475, comprising 10,47,42,475 equity shares of Rs. 1 each. The total diluted share capital also remains at 10,47,42,475 equity shares. The disclosure was signed by Subhash Kumar Pandit, Director of D L Millar & Co Ltd.
Historical Stock Returns for Premier Polyfilm
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.43% | +12.97% | +25.77% | +70.81% | +34.65% | -3.07% |
Does this increase in shareholding signal a potential move toward a full takeover or further consolidation by the promoter group?
How might the market react to this acquisition in terms of Premier Polyfilm's stock price and trading volume?
Will D L Millar & Co Ltd continue to acquire additional shares through the open market in the near future?































