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
PREMIERPOL · price
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Awaiting price reaction for this filing.
D L Millar & Co Ltd, a promoter group company of Premier Polyfilm Ltd, purchased 4,803 equity shares (0.005% of total capital) through the open market at NSE on March 6, 2026. After this acquisition, D L Millar's holding in Premier Polyfilm rose from 1,41,76,821 shares (13.53%) to 1,41,81,624 shares (13.54%). The total equity share capital of Premier Polyfilm stands at 10,47,42,475 shares of Re. 1 each. The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations, 2011, which applies to promoter group acquisitions or disposals of 2% or more of a company's share capital (or 5% for certain categories), indicating D L Millar's cumulative transactions may have crossed such a reporting threshold. The purchase is very small in absolute terms and does not materially change the promoter group's economic interest.
The increase in promoter group stake is negligible (just 0.005%), so it is unlikely to have any meaningful impact on the stock price. The filing primarily reflects routine regulatory compliance — a slight signal of continued promoter confidence, but too small to be a trading catalyst.