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.

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.

D L Millar & Co Ltd, a promoter group company, has acquired additional equity shares in Premier Polyfilm Limited through open market transactions, as disclosed in regulatory filings dated February 5, 2026.

Transaction Details

The acquisition involved 95,450 equity shares of Premier Polyfilm Limited, representing 0.09% of the company's total shareholding. The transaction was completed on February 4, 2026, through open market purchases.

Shareholding Pattern Changes

The acquisition has resulted in changes to D L Millar & Co Ltd's shareholding pattern in Premier Polyfilm Limited. The transaction increased the promoter group company's stake from 13.32% to 13.41%.

Regulatory Compliance and Documentation

The disclosure was made in compliance with Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Premier Polyfilm Limited, through Company Secretary & Compliance Officer Heena Soni, informed both BSE Limited and National Stock Exchange of India Limited about the transaction.

D L Millar & Co Ltd, represented by Director Subhash Kumar Pandit (DIN: 00120749), submitted the required documentation to the listing departments of both stock exchanges. The notifications were also sent to Premier Polyfilm Limited's compliance officer and audit committee chairperson as per regulatory requirements.

Company Information

Premier Polyfilm Limited's equity shares are listed on both BSE Limited (Scrip Code: 514354) and National Stock Exchange of India Limited (Symbol: PREMIERPOL). The company maintains a total equity share capital of Rs. 10,47,42,475, comprising 10,47,42,475 equity shares of Rs. 1 each.

The transaction represents a strategic move by the promoter group company to increase its stake in Premier Polyfilm Limited, maintaining its position as a significant shareholder in the target company.