Premier Polyfilm promoter resubmits share acquisition disclosure

1 min read     Updated on 12 Jun 2026, 12:52 PM
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Anirudha BScanX News Team
AI Summary

Premier Polyfilm Limited promoter Amar Nath Goenka resubmitted a disclosure to BSE and NSE regarding the acquisition of 20,448 shares on January 23, 2026, increasing his stake to 5.32%. The filing, submitted on June 12, 2026, complies with SEBI regulations and confirms no other instruments were involved in the transaction.

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Premier Polyfilm Limited promoter Amar Nath Goenka resubmitted a disclosure to the stock exchanges regarding his acquisition of shares, which increased his stake in the company to 5.32%. The transaction involved the purchase of 20,448 equity shares on January 23, 2026, representing 0.02% of the total issued and paid-up share capital. The revised filing was submitted to BSE Limited and the National Stock Exchange of India Limited on June 12, 2026, in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this transaction, Goenka held 55,49,571 shares, accounting for 5.30% of the company's equity share capital. Following the open market acquisition, his total holding stands at 55,70,019 shares. The equity share capital of Premier Polyfilm Limited remains at Rs. 10,47,42,475, comprising 10,47,42,475 equity shares of Rs. 1 each. The total diluted share and voting capital of the company also remains unchanged at Rs. 10,47,42,475.

Shareholding Details

The following table outlines the changes in the promoter's shareholding:

Description Number of Shares % of Total Share Capital % of Total Diluted Share Capital
Before Acquisition
Shares carrying voting rights 55,49,571 5.30% 5.30%
Acquisition Details
Shares acquired 20,448 0.02% 0.02%
After Acquisition
Total shares held 55,70,019 5.32% 5.32%

The resubmission was made following an email from the exchange dated June 11, 2026. The filing confirms that no other instruments such as warrants or convertible securities were involved in the transaction.

Historical Stock Returns for Premier Polyfilm

1 Day5 Days1 Month6 Months1 Year5 Years
+1.82%-0.37%-2.35%+33.34%+10.14%+460.70%

Does this increase in promoter stake signal a potential strategy to consolidate control or ward off takeover threats?

Should investors expect further open market purchases by the promoter to cross the next significant threshold?

How will the market interpret this compliance-driven resubmission regarding the company's corporate governance standards?

Premier Polyfilm revises FY26 disclosure on 21,882 pledged shares

1 min read     Updated on 06 Jun 2026, 01:44 PM
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Ashish TScanX News Team
AI Summary

D L Millar & Co Ltd revised its yearly disclosure for FY26 to report the pledging of 21,882 shares by the Depository Participant following a debit balance. The total promoter group holding remains unchanged at 7,29,24,477 shares.

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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.

Particulars Number of Shares % of Total Share Capital
Total Promoter Group Holding 7,29,24,477 69.62%
D L Millar & Co Ltd Holding 1,49,07,870 14.23%
Shares Pledged (D L Millar) 21,882 0.02%
Total Pledged Shares 21,882 0.02%

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.

Historical Stock Returns for Premier Polyfilm

1 Day5 Days1 Month6 Months1 Year5 Years
+1.82%-0.37%-2.35%+33.34%+10.14%+460.70%

What specific measures will D L Millar & Co Ltd implement to prevent future margin shortfalls and subsequent involuntary share pledging?

Could this incident signal underlying liquidity issues within the promoter group that might affect their long-term holding strategy?

How might this disclosure impact investor confidence and the stock's volatility in the short term?

More News on Premier Polyfilm

1 Year Returns:+10.14%