Premier Polyfilm Limited has submitted to the Exchange a copy of DISCLOSURE FOR RELEASE OF ENCUMBRANCE OF SHARES IN TERMS OF REGULATION 31(1) AND 31(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

Pledge ReleasedOwnership Changes View source PDF

PREMIERPOL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.1%1-day move

₹55.95

prior close

₹56.40

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.5-0.5+0.0-0.7-0.1+0.1-0.3-0.8+0.3+1.9+17.6+14.4——

Up moveDown movePending

AI summary

Premier Polyfilm Limited has filed a disclosure with the stock exchange regarding the release of encumbrance (pledge) on some of its shares, in compliance with SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The filing is made under Regulation 31(1) and 31(2), which requires promoters and significant shareholders to disclose creation or release of encumbrances on their holdings. No specific share quantity or percentage details are mentioned in the headline.

Likely market impact

Releasing a pledge on shares is generally a positive signal as it reduces the promoter group's pledged holdings, lowering the risk of forced share sale and improving overall shareholding stability.