D L Millar & Co Ltd Acquires Additional Shares in Premier Polyfilm Limited

1 min read     Updated on 23 Feb 2026, 12:43 PM
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Reviewed by
Shriram SScanX News Team
Overview

D L Millar & Co Ltd, a promoter group company, has acquired 4,738 additional equity shares in Premier Polyfilm Limited through open market purchase, representing 0.004% of total shareholding. The acquisition increased D L Millar's total shareholding from 13.41% to 13.42%, with the transaction completed on February 20, 2026, and regulatory disclosure filed under SEBI (SAST) Regulations, 2011.

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*this image is generated using AI for illustrative purposes only.

D L Millar & Co Ltd, a promoter group company, has acquired additional equity shares in Premier Polyfilm Limited through open market purchase, as disclosed in a regulatory filing dated February 21, 2026.

Transaction Details

The acquisition involved a modest purchase of equity shares through open market operations. The transaction details are summarized below:

Parameter: Details
Shares Acquired: 4,738
Percentage of Total Shareholding: 0.004%
Transaction Date: February 20, 2026
Mode of Acquisition: Open Market

Shareholding Pattern Changes

The acquisition has resulted in a marginal increase in D L Millar's shareholding in Premier Polyfilm Limited. The company's shareholding position before and after the transaction shows the following pattern:

Shareholding Status: Number of Shares Percentage
Before Acquisition: 1,40,47,614 13.41%
After Acquisition: 1,40,52,352 13.42%
Shares Acquired: 4,738 0.004%

Company Information

Premier Polyfilm Limited maintains its equity share capital structure unchanged following this transaction. The company's capital structure details include:

Capital Structure: Details
Total Equity Share Capital: Rs. 10,47,42,475
Number of Equity Shares: 10,47,42,475 shares
Face Value per Share: Rs. 1
Listing Exchanges: BSE Limited & NSE Limited

Regulatory Compliance

D L Millar & Co Ltd has filed the mandatory disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to BSE Limited, National Stock Exchange of India Limited, and Premier Polyfilm Limited's compliance officer and audit committee chairperson.

The disclosure document was signed by Subhash Kumar Pandit, Director of D L Millar & Co Ltd (DIN: 00120749), and filed from the company's registered office in New Delhi. As a promoter group entity, D L Millar & Co Ltd continues to maintain its strategic position in Premier Polyfilm Limited through this incremental share acquisition.

Historical Stock Returns for Premier Polyfilm

1 Day5 Days1 Month6 Months1 Year5 Years
+1.37%-1.65%+0.75%+3.33%-9.90%+577.38%

Premier Polyfilm Limited Fined Rs 50,000 by NSE for Delayed Regulatory Filing

2 min read     Updated on 17 Feb 2026, 07:38 PM
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Reviewed by
Ashish TScanX News Team
Overview

Premier Polyfilm Limited received a Rs 50,000 fine from NSE for delayed filing of related party transaction details under Regulation 23(9) for the quarter ended September 30, 2025. The company attributed the delay to technical issues on the NSE portal and successfully filed the same document with BSE on time. Despite the Board's review and waiver request citing unintentional system-related delays, NSE rejected the application, stating inadequate substantiation of technical issues. The company assessed no material financial or operational impact from this penalty.

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Premier polyfilm Limited has disclosed receiving a regulatory fine of Rs 50,000 from the National Stock Exchange of India Limited (NSE) for non-compliance with filing requirements under SEBI regulations. The penalty was imposed on February 16, 2026, for delayed submission of related party transaction details.

Regulatory Non-Compliance Details

The fine pertains to the company's failure to timely upload Integrated Filing (XBRL) containing Related Party Transaction details under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on the NEAPS portal for the quarter ended September 30, 2025.

Parameter Details
Fine Amount Rs 50,000 (Rupees Fifty Thousand only)
Regulation Violated Regulation 23(9) of SEBI LODR Regulations
Quarter Affected September 30, 2025
Order Date February 16, 2026
Authority National Stock Exchange of India Limited

Board Response and Waiver Request

The Board of Directors reviewed the matter at their meeting held on January 12, 2026. The Board identified the root cause as technical issues encountered on the NSE portal during the filing process. Key observations from the Board review included:

  • The delay was purely unintentional and arose due to system-related constraints
  • The same Integrated XBRL filing was successfully submitted to BSE Limited within prescribed timelines on November 10, 2025
  • The non-compliance was attributed to technical difficulties specific to the NSE portal

Based on these findings, the company submitted an application to NSE authorities seeking waiver of the imposed fine.

Exchange Committee Decision

The relevant Committee of NSE reviewed the company's waiver application but ultimately rejected the request. The Committee observed that Premier Polyfilm Limited had failed to adequately substantiate its claim of a prolonged technical issue during the relevant period. Consequently, the fine for delayed filing under Regulation 23(9) remains enforceable.

Financial Impact Assessment

The company has assessed that the penalty will have minimal impact on its operations. According to the disclosure, there is no material impact on financial position, and no impact on operational or other activities of the company due to the penalized amount of Rs 50,000.

Regulatory Compliance Framework

This disclosure was made pursuant to Regulation 30(4)(i)(d) of the SEBI LODR Regulations, which requires companies to inform exchanges about material events. The company provided comprehensive details as required under Para B of Part A of Schedule III of the SEBI LODR Regulations and additional disclosures mandated under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Historical Stock Returns for Premier Polyfilm

1 Day5 Days1 Month6 Months1 Year5 Years
+1.37%-1.65%+0.75%+3.33%-9.90%+577.38%

More News on Premier Polyfilm

1 Year Returns:-9.90%