Premier Polyfilm Limited Confirms Status; Exempted from Large Corporate Fund Raising Disclosure

Premier Polyfilm Limited Confirms Status; Exempted from Large Corporate Fund Raising Disclosure

Premier Polyfilm Limited Confirms Status; Exempted from Large Corporate Fund Raising Disclosure​

Premier Polyfilm Limited has clarified its status regarding regulatory requirements surrounding fund raising by issuance of debt securities. The company confirmed that, as of March 31, 2026, it does not qualify as a 'Large Corporate' under the applicable criteria.

This confirmation indicates that the mandatory requirement for filing the initial disclosure for the beginning of the financial year 2025-2026, relating to the classification of Large Corporates, does not apply to the company.

Key Financial Details​

Premier Polyfilm Limited provided the following key corporate and financial details, confirming its operational standing:

ParticularsDetails
Name of the CompanyPremier Polyfilm Limited
CINL52109DL1992PLC049590
Outstanding Borrowing (as on March 31, 2026)2.99 Rs. crore
Highest Credit Rating (Previous FY)ICRALimited - [ICRA] BBB+ (Stable) / [ICRA]A2
Registered OfficeFlat No. 305, Elite house, 36, Community Centre, Kailash Colony Extension, Zamroodpur, New Delhi 110048

The company stated that its current criteria fall outside the scope defined for a Large Corporate, thereby removing the obligation to submit the initial disclosure filing for the financial year 2025-2026.

PREMIERPOL Stock Price Movement​

As of 2:20 PM, Premier Polyfilm Limited shares are rallying in live trading, gaining 1.03% and currently quoting at ₹56.01. The stock saw active participation throughout the session, reporting a total traded volume of 65,838 shares.

Source:​

 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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