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 total share capital) through open market on NSE on March 23, 2026. After the purchase, the acquirer's holding in Premier Polyfilm rose from 1,36,91,022 shares (13.07%) to 1,38,58,022 shares (13.23%). The total equity share capital of Premier Polyfilm remains 10,47,42,475 shares of Rs. 1 each. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This is a small promoter group share purchase showing continued promoter confidence in the company. The marginal 0.16% increase is unlikely to materially move the stock price, but signals that the promoter group is gradually building its stake.