The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Premier Polyplast & Processors Ltd
PREMIERPOL · price
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Premier Polyplast and Processors Limited, a promoter group company of Premier Polyfilm Ltd, bought 1,67,000 equity shares (0.16%) of the company through the open market on NSE on 23 March 2026. With this purchase, the promoter group's holding in Premier Polyfilm has risen from 1,36,91,022 shares (13.07%) to 1,38,58,022 shares (13.23%). The disclosure was filed under SEBI's SAST Regulation 29(2), which requires promoter group entities to report changes in their shareholding. The total equity share capital of Premier Polyfilm remains unchanged at 10,47,42,475 shares of Rs. 1 each.
This is a small open-market purchase by the promoter group, signaling continued confidence in the company, though the size of the acquisition is minor and unlikely to meaningfully move the stock price. It indicates a gradual increase in promoter holding, moving closer to the 15% disclosure threshold.