Midland Polymers shareholders unanimously approved all 9 special resolutions at its 1st EGM held on April 25, 2026.
Resolutions include increasing authorized share capital and issuing equity shares/warrants to non-promoters on preferential basis.
Shareholders also approved increasing borrowing limits and appointing Sreeram Athota as an independent director.
All resolutions received 456,150 votes in favor (100%) from 7 shareholders representing 68.21% of outstanding shares.