Premier Polyfilm Limited has issued an addendum to its postal ballot notice to rectify a clerical error in the auditor firm name, ensuring accurate information for shareholders participating in the e-voting process.

Correction Details

The company issued the addendum on April 10, 2026, addressing an error in the postal ballot notice dated March 16, 2026. The correction pertains to the name of the auditor firm being appointed as statutory auditors.

Voting Modification Option

Shareholders who have already cast their votes before the issuance of this addendum have been provided with an option to modify their voting decision. The company has established a specific process for vote modification:

• Shareholders can modify their assent or dissent by sending an email to the scrutinizer
• Email address for modifications: cssumitbajaj@gmail.com
• Deadline for modifications: 5:00 pm (IST) on Thursday, April 30, 2026
• If no modification emails are received, original votes will be treated as final and binding

Postal Ballot Background

The postal ballot notice seeks shareholder approval for the appointment of M/s A D V AND CO LLP, Chartered Accountants (Firm Registration No: 003467N/N500463), as statutory auditors. This appointment is intended to fill the casual vacancy created by the resignation of M/s M A R S & Associates, Chartered Accountants.

Auditor Appointment Context

The appointment of M/s A D V AND CO LLP stems from the merger of M/s M A R S & Associates with M/s A D V AND CO LLP, effective February 11, 2026, as approved by the Institute of Chartered Accountants of India (ICAI). Following this merger, M/s M A R S & Associates ceased to exist as a separate entity, necessitating the formal appointment of the successor firm.

The proposed remuneration for the new statutory auditors is ₹1,25,000 plus applicable GST for the financial year 2025-2026, which remains unchanged from the fee structure of the outgoing auditors. The appointment will be effective until the conclusion of the 34th Annual General Meeting of the Company.

Document Availability

The addendum and revised postal ballot notice are available on multiple platforms for shareholder reference, including the company's website at www.premierpoly.com , BSE Limited and National Stock Exchange of India Limited websites, and the registrar's website at www.beetalfinancial.com .

Premier Polyfilm Limited has received and forwarded a regulatory disclosure from D L Millar & Co Ltd regarding the creation of encumbrance on equity shares under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, submitted on April 7, 2026, details the pledging of 21,882 equity shares following complications with margin limits.

Share Purchase and Margin Limit Issues

D L Millar & Co Ltd initially purchased 1,70,250 equity shares of Premier Polyfilm Limited through the open market on March 24, 2026. The company subsequently discovered that their depository participant, Nuvama Wealth and Investment Limited, had permitted the purchase beyond applicable margin limits without providing proper intimation regarding the requirement to fund the resultant debit balance.

Pledge Creation Details

To cover the debit balance created by the margin limit issue, 21,882 equity shares of Premier Polyfilm Limited were pledged by the depository participant on March 31, 2026. D L Millar & Co Ltd emphasized that this pledge occurred without their prior knowledge and was equivalent to the outstanding amount.

Current Shareholding Position

Following the pledge creation, D L Millar & Co Ltd's shareholding position in Premier Polyfilm Limited has been updated. The company's total holding stands at 1,49,07,870 shares, representing 14.23% of the total share capital, while the post-event holding of encumbered shares increased to 1,49,29,752 shares, representing 14.25% of the total share capital.

Regulatory Compliance and Documentation

D L Millar & Co Ltd clarified that there was no intention to conceal any material information in their original disclosure. The company stated that the omission occurred due to circumstances beyond their knowledge at the relevant time. Upon becoming aware of the complete facts, the company submitted the detailed disclosure form as required under Regulation 31(1) and 31(2) of SEBI regulations.

The disclosure was signed by Subhash Kumar Pandit, Director of D L Millar & Co Ltd (DIN: 00120749), and submitted from their registered office in New Delhi. Premier Polyfilm Limited's Company Secretary & Compliance Officer, Heena Soni, forwarded the disclosure to BSE Limited and National Stock Exchange of India Limited for record purposes.