Premier Polyfilm Limited has received another disclosure under SEBI regulations regarding additional equity share acquisition by Manvi Goenka, an immediate relative of the company's promoters. The latest transaction was completed through open market purchase on 02-03-2026 and has been formally reported to stock exchanges and regulatory authorities.

Latest Share Acquisition Details

The recent acquisition involved a purchase of 4,000 equity shares through open market transactions, with specific details outlined in the regulatory filing:

Updated Shareholding Position

The disclosure provides a comprehensive view of Manvi Goenka's shareholding position following the latest transaction:

Company Capital Structure

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

Regulatory Compliance Framework

The disclosure was made in accordance with Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manvi Goenka, being an immediate relative of the promoters, falls under the promoter group category and is required to make such disclosures for transparency and regulatory compliance. The formal communication was sent from Vrindavan Farm, Green Avenue, Vasant Kunj, New Delhi, addressing all relevant regulatory bodies and company officials including BSE Limited, National Stock Exchange of India Limited, the company's compliance officer, and the audit committee chairperson. Company Secretary Heena Soni digitally signed the disclosure document on behalf of Premier Polyfilm Limited.

Premier Polyfilm Limited has announced a change in its statutory auditor firm following a merger between audit firms. The company informed BSE Limited and National Stock Exchange of India Limited about this development through a regulatory filing dated February 26, 2026.

Merger Details and Timeline

The company received intimation via email on February 25, 2026 at 16:15 hours from its current statutory auditor, M/s M A R S & Associates, regarding the firm's merger with M/s A D V AND CO LLP. The merger became effective from February 11, 2026, with approval from the Institute of Chartered Accountants of India (ICAI).

Impact on Audit Services

As a result of the merger, M/s M A R S & Associates has ceased to exist as a separate entity. All engagements, responsibilities, and professional obligations of the erstwhile firm have been assumed by M/s A D V AND CO LLP. The audit firm has assured continuity of service, with the same partners and professional staff handling Premier Polyfilm's audit engagement under the new merged firm's banner.

New Auditor Firm Details

A D V AND CO LLP will serve as the company's new statutory auditor following the necessary approvals. The firm's registration details and contact information have been updated accordingly.

Regulatory Compliance and Next Steps

Premier Polyfilm Limited proposes to formally record this change and appoint M/s A D V AND CO LLP as its statutory auditor, subject to approval from the Board of Directors and company members as required under the Companies Act, 2013 and other applicable laws. The company will submit detailed disclosure as required under Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 upon board approval.

The new audit firm will issue a revised engagement letter to Premier Polyfilm Limited separately, ensuring all regulatory formalities are completed for the transition. This change ensures continuity in audit services while maintaining compliance with statutory requirements.