D L Millar raises stake in Premier Polyfilm to 14.65%
D L Millar & Co Ltd, a promoter group entity, acquired 2,10,000 equity shares of Premier Polyfilm Limited via open market on June 01, 2026. This transaction increased the acquirer's holding from 14.45% to 14.65%. The disclosure was made under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
*this image is generated using AI for illustrative purposes only.
D L Millar & Co Ltd, a promoter group company of Premier Polyfilm Limited , has increased its shareholding in the target company through an open market transaction. The acquisition involved 2,10,000 equity shares, representing 0.20% of the total share capital, executed on June 01, 2026. This move raises the acquirer's total stake in Premier Polyfilm Limited to 14.65%.
Prior to this transaction, D L Millar & Co Ltd held 1,51,31,027 shares, which accounted for 14.45% of the company's voting rights. The purchase was disclosed to the stock exchanges in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted by Subhash Kumar Pandit, Director of D L Millar & Co Ltd.
The equity share capital of Premier Polyfilm Limited 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 this level. The shares of Premier Polyfilm Limited are listed on BSE Limited and National Stock Exchange of India Limited under the scrip codes 514354 and PREMIERPOL, respectively.
Shareholding Details
The following table outlines the changes in D L Millar & Co Ltd's shareholding following the acquisition:
| Description | Number of Shares | Percentage of Share Capital |
|---|---|---|
| Holding before acquisition | 1,51,31,027 | 14.45% |
| Shares acquired | 2,10,000 | 0.20% |
| Holding after acquisition | 1,53,41,027 | 14.65% |
The acquisition was conducted via the open market route. The disclosure confirms that the acquirer belongs to the promoter group of Premier Polyfilm Limited.
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 incremental increase signal a broader strategy by the promoter group to consolidate control or fend off potential takeover threats?
How will the market interpret this confidence vote from promoters in terms of Premier Polyfilm's future earnings and stock performance?
Is D L Millar & Co Ltd likely to continue accumulating shares through open market operations in the coming quarters?
19
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
