Premier Polyfilm Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Premier Polyfilm Limited's Chief Promoter Amar Nath Goenka has submitted the yearly disclosure under SEBI (SAST) Regulations. The disclosure confirms that as of March 31, 2026, the promoter group along with persons acting in concert (PAC) collectively held 7,29,24,477 equity shares representing 69.62% of the total equity share capital of the company. The promoter group has explicitly confirmed that no encumbrance (pledge or lien) has been created on these shares, either directly or indirectly, during the financial year ended March 31, 2026. This is a standard regulatory compliance filing submitted to both BSE and NSE.
The high promoter holding of 69.62% indicates strong promoter confidence in the company. The explicit confirmation of no encumbrance is a positive signal for shareholders as it means the shares are not pledged as collateral, reducing risk of potential forced sales.