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Premier Polyfilm Limited ( (IN:PREMIERPOL) ) has issued an update.
Premier Polyfilm’s promoters have submitted a revised yearly disclosure under Regulation 31(4) of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations for the financial year ended March 31, 2026, to the BSE and NSE. The filing follows a review of promoter group holdings and clarifies an updated pledge status on certain shares.
The company’s chief promoter explained that a promoter group entity, D L Millar & Co. Ltd, unintentionally created a debit balance in its depository account after purchasing excess shares without adequate margin, prompting the depository participant and broker to pledge 21,882 shares. While the total promoter holding remains unchanged at 7,29,24,477 shares, or 69.62% of the company’s share capital, the revised disclosure corrects an earlier omission regarding the pledged shares to ensure full regulatory compliance.
More about Premier Polyfilm Limited
Premier Polyfilm Limited is an India-based manufacturer of vinyl flooring, PVC sheeting, PVC geomembranes and PVC artificial leather cloth, operating from its head office and factory in Sahibabad Industrial Area, Ghaziabad. The company serves industrial and commercial markets with specialized PVC-based products and is listed on both BSE and NSE under the ticker PREMIERPOL.
Average Trading Volume: 17,599
Technical Sentiment Signal: Buy
Current Market Cap: 7.55B INR
For a thorough assessment of PREMIERPOL stock, go to TipRanks’ Stock Analysis page.