
Midland Polymers Ltd Changes Name to Rare Earth Engineers Ltd
Midland Polymers Limited announced a significant board meeting outcome on August 12, 2026. Key decisions included the approval of un-audited financial results for the quarter ended June 30, 2026, and the Limited Review Report. A major resolution was the proposed change of the company's name from Midland Polymers Limited to Rare Earth Engineers Limited, subject to member and registrar approval. The company also approved the shifting of its registered office within Hyderabad and announced the 34th Annual General Meeting scheduled for September 24, 2026. Furthermore, the board approved the appointment of three new directors and a new CFO, alongside the resignations of the Managing Director and Whole-time Director/CFO, reflecting a change in management post-open offer. Reclassification of a promoter to public category was also approved.
Key Highlights
- Company to be renamed Rare Earth Engineers Limited.
- Registered office to be shifted within Hyderabad.
- New directors and CFO appointed; MD and CFO resign.
- Un-audited financial results for Q1 FY27 approved.
- Promoter reclassified to public category post-open offer.
Price Impact
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