The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for D L Millar & Co Ltd
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D L Millar & Co Ltd, a promoter group company of Premier Polyfilm Ltd, purchased 16,854 equity shares (0.02% of total share capital) via the open market on BSE on 24 February 2026. After this acquisition, D L Millar's holding in the company rose from 1,41,81,624 shares (13.54%) to 1,41,98,478 shares (13.56%). The transaction value was below INR 10 lakh and the change in holding is under 2%, so no open offer trigger applies. The acquirer filed the disclosure on 10-11 March 2026, about two weeks after the actual trade, citing an inadvertent administrative oversight as the reason for the late intimation.
This is a very small, routine open-market purchase by an existing promoter group entity, signalling mild confidence from the promoter group. The size is too small (under INR 10 lakh) to materially affect the stock price or shareholding dynamics.