BSEInsider Trading / SAST3 Aug 2026 · 3 Aug 2026, 12:34 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gudapu Reddy Sreedar Reddy
Midland Polymers Ltd · 531597
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Gudapu Reddy Sreedar Reddy, a promoter of Midland Polymers Ltd, has acquired 24,00,000 equity shares of the company through a preferential allotment, increasing his holding to 15.22% from 5.66%.
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Full Announcement
Midland Polymers Ltd - 531597 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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To, Date: 01.08.2026
1. BSE Limited 2. Midland Polymers Limited
P.J. Towers, Dalal Street Plot.No.8-2-603/23/3 & 8-2-603/23, 15,
Mumbai - 400001 2nd Floor, HSR Summit, Banjara Hills,
Road No.10, Hyderabad, Telangana,
500034
Dear Sir/ Madam,
Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Unit: Midland Polymers Limited (Scrip Code: 531597)
I, Gudapu Reddy Sreedar Reddy, Promoter of Midland Polymers Limited, have Acquired
24,00,000 Equity shares of Midland Polymers Limited. In this regard, please find enclosed
herewith prescribed Form under Regulation 29(2) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011.
This is for the information and records of the Company and the Exchange, please.
Thanking you.
Yours sincerely,
Gudapu Reddy Sreedar Reddy
Encl: As above
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC)
Midland Polymers Limited
Gudapu Reddy Sreedar Reddy
Name(s) of the acquirer and Persons Acting in Concert
(PAC) with the acquirer
Whether the acquirer belongs to Promoter/Promoter group
BSE Limited
Name(s) of the Stock Exchange(s) where the shares of TC
are Listed
Number % w.r.t. % w.r.t. total
total diluted
Details of the acquisition/disposal as follows
share/voti share/voting
ng capital capital of the
wherever TC (**)
applicable
Before the acquisition/sale under consideration, holding
a) Shares carrying voting rights
Gudapu Reddy Sreedar Reddy 37,850 5.66 5.66
Total (a) 37,850 5.66 5.66
b) Shares in the nature of encumbrance (pledge/ lien/ - - -
non-disposal undertaking/others)
- - -
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each - - -
category)
37,850 5.66 5.66
e) Total (a+b+c+d)
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
Gudapu Reddy Sreedar Reddy 24,00,000 14.99 14.99
Total (a) 24,00,000 14.99 14.99
b) VRs acquired/sold otherwise than by equity shares - - -
c) Warrants/convertible securities/any other instrument
- - -
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) acquired/sold
d) Shares encumbered / invoked/released by the acquirer - - -
e) Total (a+b+c+/-d)
24,00,000 14.99 14.99
After the acquisition/sale, holding of acquirer along
with PACs of:
a) Shares carrying voting rights
Gudapu Reddy Sreedar Reddy 24,37,850 15.22 15.22
Total (a) 24,37,850 15.22 15.22
b) Shares encumbered with the acquirer - - -
- - -
c) VRs otherwise than by shares
d) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying - - -
voting rights in the TC (specify holding in each
category) after acquisition
e) Total (a+b+c+d)
24,37,850 15.22 15.22
Mode of acquisition / sale (e.g. open market / off-market / public
issue / rights issue / preferential allotment / inter-se transfer etc). Preferential Allotment
Salient features of the securities acquired including time till Not Applicable
redemption, ratio at which it can be converted into equity shares,
etc.
Date of acquisition / sale of shares / VR or date of receipt of 30.07.2026
intimation of allotment of shares, whichever is applicable
Equity share capital / total voting capital of the TC before the Rs. 66,87,600 divided into 6,68,760 equity
said acquisition / sale shares of Rs. 10/- each
Equity share capital/ total voting capital of the TC after the said Rs. 16,02,06,280 divided into 1,60,20,628
acquisition / sale equity shares of Rs. 10/- each
Rs. 16,02,06,280 divided into 1,60,20,628
Total diluted share/voting capital of the TC after the said
equity shares of Rs. 10/- each
acquisition/ sale
Gudapu Reddy Sreedar Reddy
Place: Hyderabad
Date: 01.08.2026