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Annual General Meeting

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.

Key figures
Value₹36.83 Cr
Execution period18 months
Source

BSE filing, NSE: GODREJAGRO. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Midland Polymers Ltd: key numbers

Share price
₹579.45
Market cap
₹11,149 Cr
Revenue (annual)
₹10,233 Cr
Net profit (annual)
₹472.8 Cr
P/E (TTM)
25.0×Sector 26.2×
Promoter holding
67.72%-0.02% QoQ
FII holding
6.61%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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