
Open Offer21 May 2026, 06:41 pm
Midland Polymers: Open Offer Corrigendum
AI Summary
Navigant Corporate Advisors, the manager to the open offer for Midland Polymers, has submitted a corrigendum to the detailed public statement. This relates to the open offer for acquisition of equity shares of Midland Polymers by Gayathri Boreddy, Jagannath Edla, Radha Krishna Avudari, Mahammad Amaan Shaik, and Ravi Kiran Veeramalla. The corrigendum updates the schedule of activities for the open offer, including revised dates for the offer opening and closure. Target Company has filed the in-principle application with BSE Limited in respect of the preferential issue, and as on date, the approval is awaited. All other terms and conditions remain unchanged.
Key Highlights
- Corrigendum issued for Midland Polymers open offer by Navigant Corporate Advisors.
- Revised schedule of activities announced for the open offer.
- Open offer is for acquisition of up to 97,50,000 Equity Shares representing 26.00% of the expanded equity.
- Target Company has filed the in-principle application with BSE Limited in respect of the preferential issue, and as on date, the approval is awaited.
Price Impact
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