Midland Polymers EGM Approves Capital, Preferential Issue

Midland Polymers held its 1st EGM for FY26-27, approving multiple capital-related resolutions including an increase in authorized share capital.
The company approved issuing equity shares and convertible warrants to non-promoters on both cash and non-cash consideration basis.
Other approvals included increasing borrowing limits, altering the object clause, and appointing an independent director.
Voting results from the e-voting process will be disseminated to BSE and published on the company website.