Premier Polyfilm Limited scheduled its thirty-fourth annual general meeting for Thursday, September 24, 2026, at 12:15 pm through video conferencing or other audio-visual means. The company announced a recommended dividend of ₹0.15 per equity share of face value ₹1 each for the financial year ending March 31, 2026 (FY26). This payout represents a 15% dividend yield on the face value, subject to shareholder approval at the meeting.

Meeting and Voting Details

The remote e-voting period commences on Monday, September 21, 2026, at 9:00 am and concludes on Wednesday, September 23, 2026, at 5:00 pm. Shareholders holding shares as on the cut-off date of Thursday, September 17, 2026, are eligible to cast their votes electronically via the National Securities Depository Limited (NSDL) platform. The register of members and share transfer books will remain closed from Friday, September 18, 2026, to Thursday, September 24, 2026, inclusive.

Mr. Sumit Bajaj, Partner at M/s. Sumit Bajaj & Associates, has been appointed as the scrutinizer to oversee the e-voting process. Members who have already voted remotely may attend the meeting but are not entitled to vote again during the session.

Key Dates

The Board of Directors approved the dividend recommendation in its meeting held on May 9, 2026. Upon shareholder approval, the dividend will be paid within the prescribed statutory timeline to eligible members. The notice of the AGM and the annual report for FY26 were dispatched electronically on August 27, 2026, and are available on the company’s website and stock exchange portals.

D L Millar & Co Ltd, a promoter group entity of Premier Polyfilm , sold 82,001 equity shares in the company through the open market on July 23, 2026. The transaction resulted in a 0.08% reduction in the promoter group’s holding, bringing its total stake down to 15.23% of the total voting capital. This disposal reflects a minor adjustment in the promoter group’s portfolio without altering the overall control structure of the company.

The disclosure was filed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. D L Millar notified the Listing Departments of both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). The notification was also directed to Heena Soni, Company Secretary and Compliance Officer of Premier Polyfilm Limited, and the Chairperson of the Audit Committee.

Prior to the transaction, D L Millar held 1,60,39,205 shares carrying voting rights, representing 15.31% of Premier Polyfilm’s total shareholding. The filing confirmed that there were no encumbrances, pledges, or other instruments such as warrants or convertible securities associated with the holding before the sale. The entire disposal consisted of shares carrying voting rights executed on the open market.

Following the sale, D L Millar’s remaining holding stands at 1,59,57,204 equity shares. This post-transaction stake accounts for 15.23% of the total voting capital of Premier Polyfilm Limited. The company’s total equity share capital remains unchanged at ₹10,47,42,475, comprising 10,47,42,475 equity shares of ₹1 each. The total diluted share/voting capital is reported at the same figure, indicating no outstanding convertible securities affecting the diluted count.

Transaction Details

The disclosure confirms that D L Millar continues to be part of the promoter group of Premier Polyfilm Limited. No other changes in shareholding structure, encumbrances, or voting rights were reported alongside this specific open-market transaction. Subhash Kumar Pandit, Director of D L Millar & Co Ltd, signed the disclosure document dated July 24, 2026.