Premier polyfilm Limited has disclosed the release of encumbrance on equity shares by its promoter group company D L Millar & Co Ltd. The company informed stock exchanges BSE Limited and National Stock Exchange of India Limited about this development on April 15, 2026.

Share Encumbrance Release Details

D L Millar & Co Ltd released encumbrance on 21,882 equity shares of Premier Polyfilm Limited on April 10, 2026. The shares were previously pledged with the Depository Participant to cover debit balance. Following clearance of outstanding dues, the Depository Participant released the encumbered shares.

Promoter Holdings Information

The disclosure provides comprehensive details about D L Millar & Co Ltd's shareholding in Premier Polyfilm Limited. The promoter group company's holding position has been updated following the encumbrance release.

Regulatory Compliance Framework

The disclosure was submitted in accordance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. D L Millar & Co Ltd had previously informed about the pledging of these shares on April 07, 2026, and now reported their release following settlement of dues. The formal disclosure includes detailed shareholding information and compliance with prescribed regulatory formats.

Company and Promoter Details

D L Millar & Co Ltd, incorporated in 1929 with CIN U51491DL1929PLC389839, serves as a promoter group company of Premier Polyfilm Limited. The company is registered at Flat No. 303, 3rd Floor, Elite House, 36, Community Centre, Kailash Colony Extension, Zamroodpur, New Delhi 110048. The disclosure was signed by Subhash Kumar Pandit, Director of D L Millar & Co Ltd, bearing DIN 00120749.

Premier Polyfilm Limited's Company Secretary and Compliance Officer Heena Soni submitted the disclosure to both stock exchanges, ensuring compliance with regulatory requirements for promoter group transactions.

Premier Polyfilm Limited has submitted its annual disclosure confirmation to stock exchanges, stating that it does not qualify as a Large Corporate under the Securities and Exchange Board of India's framework. The company filed its disclosure on April 13, 2026, referencing SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, regarding fund raising by issuance of debt securities by Large Corporates.

Regulatory Compliance Confirmation

The company confirmed that it does not fall under the Large Corporate criteria as specified in clause 2.2 of the SEBI circular dated November 26, 2018. The disclosure was signed by Heena Soni, Company Secretary & Compliance Officer, and Paribesh Kumar Mishra, Chief Financial Officer, confirming the company's compliance status.

Financial Year 2024-2025 Status

Premier Polyfilm Limited confirmed that it was not classified as a Large Corporate for the financial year 2024-2025. Consequently, the company is not required to furnish the annual disclosures as prescribed under the referenced SEBI circular for fund raising through debt securities.

Corporate Information

Premier Polyfilm Limited operates under CIN L52109DL1992PLC049590, with its registered office located at 305, Elite House, III Floor, 36, Community Centre, Kailash Colony Extension, Zamroodpur, New Delhi 110048. The company maintains its compliance communications through compliance.officer@premierpoly.com and operates its website at www.premierpoly.com .

Regulatory Framework Context

The SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, establishes the framework for fund raising by issuance of debt securities by Large Corporates. Companies that qualify under this framework are subject to specific annual disclosure requirements and mandatory compliance provisions. Premier Polyfilm's confirmation ensures transparency regarding its regulatory obligations and compliance status with current SEBI guidelines.