Midland Polymers Ltd

Rare Earth Engineers Limited, formerly known as Midland Polymers Limited, has postponed and rescheduled its board meeting from October 17, 2026, to October 22, 2026, to approve the unaudited financial results (standalone and consolidated) for the quarter ended September 30, 2026, citing unforeseen circumstances. The company also noted that the trading window for equity shares has been closed from October 1, 2026, and will remain closed for forty-eight hours after the disclosure of the financial results to the stock exchange, for designated persons and their immediate relatives.

Rare Earth Engineers Limited, formerly known as Midland Polymers Limited, will hold a board meeting on Saturday, 17.10.2026, to consider the unaudited financial results (standalone and consolidated) for the quarter and half year ended 30.09.2026, along with a limited review report.

Rare Earth Engineers Limited, formerly known as Midland Polymers Limited, submitted a compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, as confirmed by Purva Sharegistry (India) Private Limited.

Rare Earth Engineers Limited, formerly known as Midland Polymers Limited, informed the BSE Limited that its name has been officially changed, effective October 10, 2026, according to a corporate filing. The company’s BSE scrip code remains 531597.

Midland Polymers Limited informed the BSE Limited that the trading window for dealing in the company's securities will be closed from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026, for designated persons, their immediate relatives, and connected persons, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Midland Polymers Limited will hold a board meeting on Wednesday, August 12, 2026, to consider the un-audited financial results for the quarter ended June 30, 2026, and other business matters, according to a filing with the BSE Limited. The company also stated that the trading window for securities is closed from July 1, 2026, until 48 hours after the financial results are declared, for connected persons, officers, designated employees, insiders, directors, and their immediate relatives.

Midland Polymers Limited announced the acquisition of a 70% stake in JMRCLEAN Energy Private Limited, an EPC and energy-generation company, through a share swap, allotting 73,78,350 equity shares to shareholders of the selling company. The company also approved the allotment of 79,73,518 equity shares for cash consideration and 91,00,000 convertible warrants on a preferential basis to non-promoter public category investors. JMRCLEAN, incorporated in December 2024, reported a turnover of Rs 713.96 crore as of December 31, 2025, and manages a Rs 1,550 crore order book.

Midland Polymers Limited announced the acquisition of a 70% stake in JMRCLEAN Energy Private Limited, an EPC and energy-generation company, through a share swap, allotting 73,78,350 equity shares to shareholders of the selling company. The company also approved the allotment of 79,73,518 equity shares for cash consideration and 91,00,000 convertible warrants on a preferential basis to non-promoter public category investors. JMRCLEAN, incorporated in December 2024, reported a turnover of Rs 713.96 crore as of December 31, 2025, and manages a Rs 1,550 crore order book.

Net Loss of Midland Polymers reported to Rs 0.07 crore in the quarter ended March 2026 as against net loss of Rs 0.13 crore during the previous quarter ended March 2025. There were no Sales reported in the quarter ended March 2026 and during the previous quarter ended March 2025. For the full year,net loss reported to Rs 0.14 crore in the year ended March 2026 as against net loss of Rs 0.15 crore during the previous year ended March 2025. There were no Sales reported in the year ended March 2026 and during the previous year ended March 2025.Powered by Capital Market - Live

Midland Polymers will hold a meeting of the Board of Directors of the Company on 29 May 2026.