MIDLAND POLYMERS LTD.

Midland Polymers Ltd (formerly Rare Earth Engineers Limited) has announced that its Board of Directors will convene on October 17, 2026. The primary agenda item is the consideration and approval of the unaudited financial results for the quarter and half-year ended September 30, 2026. These results will be presented on both a standalone and consolidated basis, accompanied by a limited review report. The meeting will also address any other business as permitted by the Chair.

Midland Polymers Limited has officially changed its name to Rare Earth Engineers Limited, effective October 10, 2026. This change is certified by the Ministry of Corporate Affairs, Government of India. The company is required to display its old name alongside the new name for two years. This name change does not affect the rights or liabilities of stakeholders.

Midland Polymers Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the Quarter and Half year ended September 30, 2026. The decision aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. A board meeting is scheduled to approve these financial results, with a separate intimation to be sent to the stock exchange regarding the meeting notice. Designated persons and their immediate relatives are prohibited from trading during this period.

Midland Polymers Ltd has announced its 34th Annual General Meeting (AGM) scheduled for September 24, 2026, at 12:30 p.m. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company will present the Audited Balance Sheet, Statement of Profit & Loss, and Cash Flow Statement for the financial year 2025-26. A key agenda item is the appointment of Mr. Nagabhyru Subbarao as a Non-Executive Director. The cut-off date for determining eligibility to attend the AGM is September 17, 2026. The filing also details corporate information including the Board of Directors, CFO, Company Secretary, registered office, auditors, and committee members.

Midland Polymers Ltd has announced its 34th Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM is scheduled to be held on September 24, 2026, at 12:30 p.m. via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The cut-off date for determining voting rights is September 17, 2026. The meeting will include ordinary business such as adopting the audited financial statements for FY 2025-26 and special business including the appointment of Mr. Nagabhyru Subbarao as a Non-Executive Director. The company also submitted its Annual Report for FY 2025-26.

Radha Krishna Avudari, a promoter of Midland Polymers Limited, has acquired 29,86,248 equity shares and 22,00,000 warrants through a preferential allotment. This acquisition, along with PACs, increases their total holding to 1,81,51,868 shares and instruments, representing 72.25% of the total diluted share capital. The acquisition was made on a cash and swap basis, with warrants convertible by July 29, 2026. The company's equity share capital has significantly increased post-allotment.

Shaik Mahammad Amaan, a promoter of Midland Polymers Limited, has acquired 29,86,248 equity shares and 22,00,000 warrants through a preferential allotment. This acquisition, along with PACs Radha Krishna Avudari and Boreddy Gayathri, increases their collective holding to 72.25% of the total diluted share capital. The equity shares were acquired on a cash and swap basis, and the warrants are convertible into equity shares. The transaction was completed via preferential allotment, with the warrants having a conversion timeline until July 29, 2026.

Boreddy Gayathri, a promoter of Midland Polymers Limited, has acquired 44,79,372 equity shares and 33,00,000 warrants through a preferential allotment. This acquisition, along with shares acquired by Persons Acting in Concert (PACs), significantly increases the promoter group's holding. The total post-acquisition shareholding of the acquirer and PACs stands at 1,04,51,868 equity shares, representing 41.59% of the diluted capital, and 77,00,000 warrants, representing 30.66% of the diluted capital. The total diluted share capital of the company has increased substantially post-allotment.

Midland Polymers Ltd has announced a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Ramachandra Rao Tummala has acquired 18,50,000 equity shares, representing 11.55% of the total diluted share capital, through a preferential allotment. The acquisition involved equity shares of Rs. 10 each, with a total value of Rs. 66,87,600. The shares are redeemable by July 29, 2026. This transaction increases the total diluted share capital of Midland Polymers.

Midland Polymers Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved a change in the company's name to Rare Earth Engineers Limited, subject to member approval. Additionally, the company plans to shift its registered office and has scheduled its 34th Annual General Meeting for September 24, 2026. Several key management changes were approved, including the appointment of new directors and a CFO, and the resignation of the former Managing Director and CFO.