
Midland Polymers Ltd Announces Extra-Ordinary General Meeting for Capital Increase and Preferential Issue of Equity Shares
Midland Polymers Ltd has called for an Extra-Ordinary General Meeting (EGM) on 25.04.2026 to consider increasing the authorized share capital and issue of equity shares on a preferential basis to non-promoters for consideration other than cash. The EGM will be held through Video Conference / Other Audio-Visual Means (VC/OAVM) and the cut-off date for e-voting is 18.04.2026. The proposed increase in the authorized share capital is from Rs.13,60,00,000/- (Rupees Thirteen Crores Sixty Lakhs) to Rs.40,00,00,000/- (Rupees Forty Crores only) divided into 4,00,00,000 (Four Crores) Equity Shares of Rs.10/- each. The company also plans to issue equity shares on a preferential basis to non-promoters, subject to necessary approvals and regulations.
Key Highlights
- Extra-Ordinary General Meeting scheduled for 25.04.2026
- Proposal to increase authorized share capital to Rs.40,00,00,000/-
- Plan to issue equity shares on a preferential basis to non-promoters
- Meeting to be held through VC/OAVM
- Cut-off date for e-voting is 18.04.2026
Price Impact