The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Premier Polyplast and Processors Ltd
PREMIERPOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Premier Polyplast and Processors Limited, part of the promoter group of Premier Polyfilm Ltd, bought 1,51,919 equity shares (0.15% of total shareholding) through the open market on NSE on March 25, 2026. With this acquisition, the promoter group's holding in Premier Polyfilm has increased from 13.39% (1,40,28,022 shares) to 13.54% (1,41,79,941 shares). The total equity share capital of Premier Polyfilm stands at Rs. 10.47 crore, comprising 10,47,42,475 shares of Rs. 1 each. The disclosure has been filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
This is a small open-market purchase by the promoter group, signalling modest confidence in the company. The increase in promoter holding from 13.39% to 13.54% is marginal and is unlikely to cause any significant movement in the stock price. Shareholders may view this positively as promoter buying is generally seen as a vote of confidence in the business.