BSEInsider Trading / SAST3 Aug 2026 · 3 Aug 2026, 07:11 pm

The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gudapu Reddy Sreedar Reddy

Midland Polymers Ltd · 531597

✦ AI SummaryPledge

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 stake from 5.66% to 15.22%.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern5/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Midland Polymers Ltd - 531597 - Revised Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Attachments (1)

📄

1FCBF6C8_A878_4C9F_9266_7BE3966C952C_191121.pdf

pdf

Download →
View document text
To, Date: 03.08.2026 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: Revised 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 9.56 Total (a) 24,00,000 14.99 9.56 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 9.55 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 9.71 Total (a) 24,37,850 15.22 9.71 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 9.71 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 Equity Shares of Rs.10 Each 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. 25,12,06,280 divided into 2,51,20,628 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: 30.07.2026