PREMIERPOLBSEPremier Polyfilm LtdHighNeutral
Announced Fri, 15 May · 10:36 IST

The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 14, 2026 for D L Millar & Co Ltd

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

PREMIERPOL · price

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▲ 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
-2.9%1-day move
₹52.50
prior close
₹52.86
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1-1.1-1.9-2.9+1.6+6.6+9.7+10.5+5.6+6.5+6.7+27.8
Up moveDown movePending
AI summary

D L Millar & Co Ltd, a promoter group entity holding 14.23% (1,49,07,870 shares) of Premier Polyfilm Ltd, submitted a revised disclosure regarding a pledge of 21,882 equity shares (0.02% of total share capital). The pledge was created on March 31, 2026 in favour of Nuvama Wealth and Investment Limited. The filing clarifies that the pledge was required to cover a debit balance arising from a margin trading situation where D L Millar purchased 1,70,250 equity shares (0.16% of total shareholding) on March 24, 2026 through open market. The original disclosure was revised because the company was not informed about the margin limit breach at the time, and the Depository Participant automatically pledged 21,882 shares to cover the outstanding amount. The encumbered shares represent 0.14% of the diluted share capital.

Likely market impact

The pledge represents a small portion (0.02%) of the promoter's total holding. While the purchase of 0.16% additional shares indicates ongoing accumulation, the mandatory pledge to cover margin debt does not signal a major change in promoter commitment. Shareholders should note the promoter group continues to hold 14.23% in Premier Polyfilm.