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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D L Millar & Co Ltd, a promoter group company of Premier Polyfilm Ltd, purchased 2,55,199 equity shares (0.24%) through open market on NSE on 16-03-2026. The promoter group's holding in Premier Polyfilm increased from 13.82% (1,44,76,876 shares) to 14.06% (1,47,32,075 shares). The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which requires promoters to report any acquisition of 2% or more in a financial year, with this filing indicating continued promoter confidence in the company.
This is a small open-market purchase by a promoter group entity, signaling modest confidence from the promoter group. For shareholders, it is a mildly positive signal as promoters are buying rather than selling, though the 0.24% size is too small to materially move the stock price.