PREMIERPOLBSEPremier Polyfilm LtdCriticalNeutral
Announced Thu, 12 Mar · 10:59 IST

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

Promoter Stake BuyOwnership Changes View source PDF

PREMIERPOL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

D L Millar & Co Ltd, a promoter group company of Premier Polyfilm Ltd, bought 16,854 equity shares (0.02% of total equity) through the open market on 24 February 2026. After this purchase, the entity's stake in Premier Polyfilm rose marginally from 13.54% (1,41,81,624 shares) to 13.56% (1,41,98,478 shares). The transaction value was below INR 10 lakh, and the promoter group confirmed the deal was less than 2% of its holding. The filing was made on 10 March 2026, with the company attributing the delay to an administrative oversight rather than any intent to avoid disclosure.

Likely market impact

This is a very small, routine open-market purchase by a promoter group entity and is unlikely to move the stock price. It signals mild promoter confidence but carries no material change in control or ownership structure for shareholders.