D L Millar & Co Ltd, a promoter group company, revised its yearly disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The revision clarifies that 21,882 equity shares of Premier Polyfilm Limited were pledged by the Depository Participant due to a debit balance arising from excess share purchases without adequate margin. The company had previously submitted a disclosure on April 4, 2026, which did not capture this pledge as the promoter was unaware of the DP's action at the time of acquisition on March 25, 2026.

The disclosure confirms that while the specific shares were encumbered, there is no change in the total number of shares held by the promoter group, which stands at 7,29,24,477 equity shares representing 69.62% of the total share capital. The filing was submitted to ensure compliance with Regulation 31(4) of the SEBI (SAST) Regulations, 2011.

Shareholding Details

The revised disclosure provides a comprehensive breakdown of the shareholding and pledged shares as on March 31, 2026. D L Millar & Co Ltd holds a significant portion of the promoter group stake, with the 21,882 shares now formally recorded as pledged.

The document was signed by Amar Nath Goenka, Chief Promoter, and addressed to the BSE Limited and National Stock Exchange of India Limited. Heena Soni, Company Secretary & Compliance Officer of Premier Polyfilm Limited, was also intimated regarding the revised disclosure.

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:

The acquisition was conducted via the open market route. The disclosure confirms that the acquirer belongs to the promoter group of Premier Polyfilm Limited.