Acquisitions7 April 2026 at 07:42 am
Navigant Corporate Advisors Appointed as Manager to the Offer for Acquisition of Midland Polymers Ltd Shares
AI Summary
Navigant Corporate Advisors Ltd has been appointed as ‘Manager to the Offer’ by Gayathri Boreddy, Jagannath Edla, Radha Krishna Avudari, Mahammad Amaan Shaik and Ravi Kiran Veeramalla for acquiring up to 97,50,000 equity shares of Midland Polymers Limited representing 26.00% of the Expanded Equity and Voting Share Capital of the company. The offer price is Rs. 10/- per Share fully paid-up Equity Share. The detailed public statement (DPS) has been published on 07th April, 2026.
Key Highlights
- Navigant Corporate Advisors appointed as Manager to the Offer for Midland Polymers Ltd share acquisition
- Acquirers aiming to acquire up to 97,50,000 equity shares representing 26.00% of the Expanded Equity and Voting Share Capital
- Offer price set at Rs. 10/- per Share fully paid-up Equity Share
- Detailed Public Statement published on 07th April, 2026
- Acquirers include Gayathri Boreddy, Jagannath Edla, Radha Krishna Avudari, Mahammad Amaan Shaik and Ravi Kiran Veeramalla
MIDPOLYCommodity Chemicals
MIDLAND POLYMERS LTD.Price Impact