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17:11 IST BSE
Annual General MeetingMidland Polymers Ltd GODREJAGRO

Midland Polymers Annual General Meeting

Midland Polymers Ltd has called an EGM to approve a ₹36.83 Crore fundraise via preferential issues of equity and warrants. The move includes acquiring 100% of JMRCLEAN Energy Private Limited via a share swap, triggering a change in control and an open offer by new acquirers. Borrowing limits are also proposed to increase to ₹500 Crore.

Value
₹36.83 Cr
Execution
18 months