Promoter Amitaabh Goenka Acquires 1,09,727 Equity Shares of Premier Polyfilm Limited via Open Market

1 min read     Updated on 18 May 2026, 07:21 PM
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Reviewed by
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AI Summary

Promoter Amitaabh Goenka acquired 1,09,727 equity shares of Premier Polyfilm Limited through the open market on 15-05-2026, representing 0.10% of the company's total share capital. His total shareholding rose from 1,21,45,122 shares (11.60%) to 1,22,54,849 shares (11.70%) following the transaction. The equity share capital of Premier Polyfilm Limited remained unchanged at Rs. 10,47,42,475/-, comprising 10,47,42,475 equity shares of Rs. 1/- each. The disclosure was filed on 18-05-2026 under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Amitaabh Goenka, a promoter of Premier Polyfilm Limited, has disclosed the acquisition of 1,09,727 equity shares of the company through the open market, as per a filing made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was executed on 15-05-2026, and the disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited on 18-05-2026.

Acquisition Details

The open market purchase represents 0.10% of the total share and voting capital of Premier Polyfilm Limited. The following table summarises the key details of the transaction:

Parameter: Details
Acquirer: Amitaabh Goenka
Acquirer Category: Promoter
Mode of Acquisition: Open Market
Shares Acquired: 1,09,727
% of Total Share Capital Acquired: 0.10%
Date of Acquisition: 15-05-2026

Shareholding Before and After Acquisition

The acquisition has resulted in an increase in Goenka's total shareholding in Premier Polyfilm Limited. The table below presents a comparison of his holdings before and after the transaction:

Metric: Before Acquisition After Acquisition
Shares Carrying Voting Rights: 1,21,45,122 1,22,54,849
% of Total Share/Voting Capital: 11.60% 11.70%
% of Total Diluted Share/Voting Capital: 11.60% 11.70%

Company Share Capital

The equity share capital and total voting capital of Premier Polyfilm Limited remained unchanged at Rs. 10,47,42,475/-, comprising 10,47,42,475 equity shares of Rs. 1/- each, both before and after the said acquisition. The total diluted share and voting capital of the company after the acquisition also stands at Rs. 10,47,42,475/-, i.e., 10,47,42,475 equity shares of Rs. 1/- each.

Regulatory Disclosure

The disclosure was made in the prescribed format as required under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was addressed to the Listing Departments of BSE Limited and the National Stock Exchange of India Limited, as well as to the Company Secretary & Compliance Officer and the Chairperson of the Audit Committee of Premier Polyfilm Limited.

Historical Stock Returns for Premier Polyfilm

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-7.07%-0.93%+35.78%-2.84%+11.63%

Could Amitaabh Goenka's continued open market purchases signal an intent to consolidate promoter control beyond the current 11.70% stake, potentially triggering a mandatory open offer under SEBI takeover regulations?

How might this increased promoter confidence in Premier Polyfilm Limited influence institutional and retail investor sentiment toward the stock in the near term?

What are the broader strategic implications for Premier Polyfilm Limited if promoters continue accumulating shares — could this indicate an upcoming major business development, restructuring, or delisting attempt?

Premier Polyfilm Promoters Gift 4.85% Stake to Relative

3 min read     Updated on 16 May 2026, 03:25 PM
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Reviewed by
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AI Summary

Premier Polyfilm Limited disclosed that immediate relatives of promoters, Smt. Indira Goenka and Shri Arvind Goenka, transferred 50,80,620 equity shares (4.85%) to Shri Mayank Goenka through off-market gift transactions on May 14, 2026. The total equity share capital of the company remains unchanged at Rs. 10,47,42,475/-.

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Premier Polyfilm Limited has received disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the transfer of equity shares to Shri Mayank Goenka, an immediate relative of the promoters. The company informed BSE Limited and NSE Limited that Shri Mayank Goenka acquired a total of 50,80,620 equity shares, representing 4.85% of the total share capital, through off-market gift transactions dated May 14, 2026.

Transaction Details

The transfers were executed by Smt. Indira Goenka and Shri Arvind Goenka. The following table summarises the key parameters of the acquisitions:

Name of Relative Relation No. of Equity Shares % of Total Shareholding Date of Transaction
Smt. Indira Goenka Grandmother 50,28,125 4.80% May 14, 2026
Shri Arvind Goenka Uncle 52,495 0.05% May 14, 2026
Total 50,80,620 4.85%

Capital Structure Unchanged

The disclosures confirm that the total equity share capital of Premier Polyfilm Limited remains unchanged. The capital stands at Rs. 10,47,42,475/-, comprising 10,47,42,475 equity shares of Rs. 1/- each. Prior to these transactions, Shri Mayank Goenka held zero shares in the company. Following the acquisition, his holding increased to 50,80,620 equity shares, constituting 4.85% of the total and diluted share/voting capital. The company's filing was submitted by Heena Soni, Company Secretary & Compliance Officer, on May 16, 2026.

Historical Stock Returns for Premier Polyfilm

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-7.07%-0.93%+35.78%-2.84%+11.63%

Will Shri Mayank Goenka take on a more active role in Premier Polyfilm Limited's management or board following his emergence as a significant promoter-group shareholder with 4.85% stake?

Could this intergenerational wealth transfer signal a broader succession planning strategy within the Goenka family for Premier Polyfilm, and are further share transfers to younger family members likely?

How might Mayank Goenka's new 4.85% stake influence future promoter group voting dynamics, particularly on key corporate governance or strategic decisions at Premier Polyfilm?

More News on Premier Polyfilm

1 Year Returns:-2.84%