Midwest Ltd (MIDWESTLTD) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Midwest Ltd on NSE and BSE, with an AI summary of each filing.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 10 Nov 2026, 5:30 am
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Earnings Conference Call is scheduled on Wednesday, ....
Intimation · 11 Nov 2026, 3:00 pm
Midwest Limited Schedules Q2 & H1 FY27 Earnings Call on 11th Nov'26 Midwest Limited will host its Q2 and H1 FY27 earnings conference call on 11th Nov'26 at 3:00 PM IST to discuss financial performance for the period ended 30th Sep'26 and its growth outlook. Management participants include CEO Ram Kollareddy, Director Uma Kollareddy, and CFO Dilip Kumar Chalasani. The company, recognized as India's largest producer of Black Galaxy and Absolute Black Granite and a major quartz processor, is actively expanding its business portfolio into Rare Earth Elements and Heavy Mineral Sands.
Midwest Limited has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 10 Nov 2026, 5:30 am
Midwest Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....
Intimation · 10 Nov 2026, 5:30 am
Midwest Limited Schedules Board Meeting on 10th Nov'26 to Approve Q2 Results Midwest Limited announced that its Board of Directors will meet on 10th Nov'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26. Additionally, the trading window for dealing in the company's securities, closed since 1st Oct'26, will remain shut for designated persons and their immediate relatives until 48 hours following the declaration of the financial results.
Outcome of the Board Meeting held on 15th October, 2026.
Others (Uncategorized) · 16 Oct 2026, 12:45 am
Midwest Board Approves Setting Up Wholly Owned Subsidiary In Singapore Midwest Limited’s Board of Directors, at its meeting on 15th Oct'26, approved the incorporation of a 100% wholly owned subsidiary in Singapore. The new entity will serve as an intermediate holding and investment vehicle for overseas operations, focusing on the mining of heavy mineral sands and rare earth materials, mineral trading, and mineral processing. Consideration will be in cash via subscription to equity and permissible instruments funded progressively as required for project execution under the automatic regulatory route.
Order from Directorate General of Mine Safety
Others (Uncategorized) · 07 Oct 2026, 9:23 pm
Midwest Receives DGMS Prohibitory Order Suspending Operations at Chimakurthy Granite Mine Midwest Limited received a prohibitory order on 6th Oct'26 from the Directorate General of Mines Safety (DGMS), suspending granite extraction and personnel employment at its Chimakurthy mine in Andhra Pradesh until safety hazards are resolved. The regulatory action followed a side collapse on the northern part of the mine originating from an adjoining site, impacting bench stability. No injuries, casualties, or financial penalties were reported. Mining operations remain temporarily halted, restricting site access strictly to activities necessary for danger mitigation.
Change in Management
Change in Management · 30 Sept 2026, 12:40 am
Midwest Shareholders Approve Board Directorship Changes and Secretarial Auditor Appointment Shareholders of Midwest Limited approved key governance resolutions at the AGM on 28th Sep'26. Mr. Rana Som will continue as Chairman and Independent Director after reaching 75 years of age under existing terms. Mrs. Soumya Kukreti’s designation changed from Whole-Time Director to Non-Executive Director, effective 1st Sep'26. Additionally, M/s B S S & Associates, Company Secretaries, was appointed as Secretarial Auditor for a five-year tenure spanning FY26-27 through FY30-31.
E-voting Results along with the Scrutinizer''s Report
Annual General Meeting · 30 Sept 2026, 12:27 am
Midwest Limited Shareholders Approve All AGM Resolutions with Requisite Majority Midwest Limited announced that all resolutions presented at its 45th Annual General Meeting held on 28th Sep'26 were duly approved by shareholders with the requisite majority. Transacted businesses included the adoption of standalone and consolidated financial statements for the year ended 31st Mar'26, the reappointment of Whole-Time Director Mrs. Uma Priyadarshini Kollareddy, ratification of cost auditor remuneration for FY27, appointment of secretarial auditors, continuation of Mr. Rana Som as Independent Director post attaining age 75, and redesignation of Mrs. Soumya Kukreti as Non-Executive Director.
Proceedings of the 45th Annual General Meeting
Annual General Meeting · 28 Sept 2026, 11:35 pm
In Compliance with Regulation 36 (1) (b) of the SEBI LODR Regulations, 2015, Company has sent a physical letter containing the Web- Link to access the 45th Annual Report of the Company ....
Annual Report · 08 Sept 2026, 11:06 pm
BRSR
Others (Uncategorized) · 07 Sept 2026, 5:42 am
Midwest Limited Releases FY 2025-26 BRSR Midwest Limited submitted its FY 2025-26 Business Responsibility and Sustainability Report. Revenue from operations reached ₹4,217.71 mn, with Black Galaxy and Absolute Black granite mining contributing 92.05% of turnover. Exports across 17 countries accounted for 20.86% of total revenue. Total energy consumption stood at 44,879 GJ, supported by 1.10 MW operational captive solar capacity and deployment of electric haulage trucks. Scope 1 and Scope 2 GHG emissions totaled 32,773.4 tCO2e. Zero product recalls, data breaches, or worker fatalities were reported during the fiscal year.
Annual Report
Others (Uncategorized) · 07 Sept 2026, 5:35 am
Notice of 45th Annual General Meeting
Annual General Meeting · 07 Sept 2026, 5:13 am
The Company has accepted LOI''s for working of Quarry Leases in Andhra Pradesh on Raising Cum Sale Basis.
Others (Uncategorized) · 31 Aug 2026, 11:33 pm
Midwest Limited Accepts LOI for Granite Quarry Leases in Andhra Pradesh Midwest Limited announced on 31 Aug'26 its acceptance of a Letter of Intent (LOI) from the Andhra Pradesh Mineral Development Corporation Ltd. (APMDC). The LOI is for working granite quarry leases on a Raising-Cum-Sale Contract basis. The domestic contract covers three sites totaling 15.413 hectares across Chittoor and Srikakulam districts. The company confirmed the LOI does not specify commercial consideration at this stage, and the transaction is not a related-party one. Project commencement will follow the issuance of a formal Letter of Award.
Transcript for the earnings call held on 13th August, 2026.
Transcript · 20 Aug 2026, 7:24 pm
Audio recording of Q1 FY 27 Earnings Call.
Audio / Video · 13 Aug 2026, 11:32 pm
Midwest Limited Makes Q1 FY27 Earnings Call Audio Recording Available Midwest Limited announced that the audio recording of its earnings conference call, held on 13 Aug'26, is now available. The call discussed the unaudited standalone and consolidated financial results for the quarter ended 30 Jun'26. The recording has been uploaded to the company's website as per SEBI regulations.
Investor Presentation for Q1 FY 27
Investor Presentation · 13 Aug 2026, 8:30 pm
Midwest Limited Q1 FY27: Strong Growth and Strategic Expansion into Critical Minerals Midwest reported strong Q1 FY27 results with revenue at ₹191.8 cr (+35% YoY) and PAT at ₹31.0 cr (+27% YoY). However, figures declined QoQ. Strategically, the company signed an MoU with Indonesia's state-owned PERMINAS to collaborate on critical minerals and rare earth magnet manufacturing. Over the next 3-4 years, Midwest targets 2.5x+ revenue growth and 35% ROCE, supported by ₹300 cr capex. It is establishing new verticals in Rare Earth Materials, Heavy Mineral Sands, and High Purity Quartz to build global leadership.
Statement of Deviation or Variation for the Quarter Ended June 30, 2026.
Others (Uncategorized) · 13 Aug 2026, 2:45 am
Midwest Limited: IPO Proceeds Utilization Update for Quarter Ended Jun'26 As of 30 Jun'26, Midwest Limited confirmed no deviations or variations in the utilization of its IPO proceeds. The company raised ₹2,500 million on 20 Oct'25. Funds utilized during the quarter include ₹35.00 million for investment in subsidiary Midwest Neostone, ₹16.96 million for electric dump truck purchases, and ₹562.23 million for debt repayment. Additionally, ₹85.73 million was used for general corporate purposes and ₹179.48 million for issue-related expenses. CRISIL Rating Limited is the monitoring agency for the fund utilization.
Monitoring Agency Report from Crisil Rating Limited for the Quarter ended June 30, 2026.
Others (Uncategorized) · 13 Aug 2026, 2:22 am
Midwest Ltd: IPO Proceeds Utilization Report for Q1 FY27 Midwest Limited has utilized Rs 879.40 million (35%) of its Rs 2,500 million IPO proceeds as of Jun 30, '26, with Rs 1,620.60 million remaining unutilized. During the quarter ended Jun 30, '26, Rs 58.24 million was used. Key applications include Rs 562.23 million for debt repayment to HDFC Bank and Rs 35.00 million for subsidiary capex. Delays are noted in project implementation, with nil utilization for solar integration and lower-than-planned capex. Unutilized funds of Rs 1,620.60 million are invested in fixed deposits and bank balances.
Enclosed herewith intimation of re-appointment of Internal Auditors, re-appointment of Cost Auditors and Appointment of Secretarial Auditors of the Company.
Others (Uncategorized) · 13 Aug 2026, 1:52 am
Midwest Limited Announces Key Auditor Appointments Midwest Limited's board, on 12th Aug'26, re-appointed M/s. Eswaraiah & Co. as Internal Auditors and M/s PKR and Associates LLP as Cost Auditors for FY 2026-27. The board also recommended appointing M/s. B SS & Associates as Secretarial Auditors for a five-year term starting from FY 2026-27, subject to shareholder approval. All appointments were based on Audit Committee recommendations. This ensures continuity in the company's internal, cost, and secretarial audit functions for the upcoming fiscal periods.
Submission of Unaudited Standalone and Consoldiated Financial Results for the Quarter Ended June 30, 2026.
Financial Result · 12 Aug 2026, 8:23 pm
Midwest Ltd Q1 FY27 Results: Strong YoY Growth Despite QoQ Moderation Midwest Ltd reported solid YoY performance for Q1 FY27 (ended Jun'26). Consolidated revenue grew 34.8% YoY to ₹1,918.4 mn, while net profit rose 27.2% YoY to ₹294.0 mn. However, on a QoQ basis, revenue declined 11.1% and net profit fell 17.3%, driven by lower Granite segment revenue and higher expenses. The Board approved the unaudited results on Aug 12, '26, and also appointed M/s. Eswaraiah & Co. as internal auditors for FY27 and M/s. BSS & Associates as secretarial auditors.
Outcome of Board Meeting held on August 12, 2026
Outcome · 12 Aug 2026, 8:03 pm
Midwest Q1FY27 Results & Board Meeting Updates Midwest reported Q1 FY27 standalone results with revenue at ₹985.24 Mn, up 25.2% YoY but down 16.4% QoQ. Net profit rose 49.7% YoY to ₹211.33 Mn, though it declined 17.4% QoQ. On a consolidated basis, revenue grew 34.8% YoY to ₹1,918.39 Mn, while net profit attributable to owners increased 26.7% YoY to ₹293.97 Mn. The Board approved the Q1 financials, appointed M/s. Eswaraiah & Co. as Internal Auditors for FY27, and M/s. B S S & Associates as Secretarial Auditor for a 5-year term.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Earnings Conference Call is scheduled on Thursday, ....
Intimation · 13 Aug 2026, 3:00 pm
Midwest Limited Sets Q1 FY27 Earnings Call for 13th Aug'26 Midwest Limited has scheduled its Q1 FY27 earnings conference call for Thu, 13th Aug'26, at 3:00 PM IST to discuss financial performance for the quarter ending 30th Jun'26. As India's largest Black Galaxy and Absolute Black Granite producer, the company is diversifying into Rare Earth Elements and Heavy Mineral Sands. Key management, including CEO Ram Kollareddy and CFO Dilip Kumar Chalasani, will participate. The event is hosted by Go India Advisors and is accessible via multiple international dial-in numbers.
Update on Credit Rating
Others (Uncategorized) · 07 Aug 2026, 10:56 pm
CRISIL Reaffirms Midwest Limited's Credit Ratings and Assigns 'A/Stable' to Bank Facilities CRISIL Ratings has reaffirmed Midwest Limited's corporate credit rating at 'Crisil A/Stable' and assigned 'Crisil A/Stable' (long-term) and 'Crisil A1' (short-term) ratings to its Rs 100 crore bank loan facilities. Additionally, ratings for subsidiary Andhra Pradesh Granite were reaffirmed at 'Crisil A-/Stable' and 'Crisil A2+'. The ratings reflect the promoter's extensive experience, operational integration, and healthy financial risk profile, supported by a net worth over Rs 845 crore as of 31 Mar'26 following a Rs 250 crore IPO.
Midwest Limited along with Midwest Energy Limited and Non-Ferrous Materials Technology Development Technology Centre (NFTDC) has signed a Memorandum of Understanding with PT Perushaan Mineral ....
Press Release · 07 Jul 2026, 11:20 pm
Midwest Limited Signs MoU to Develop Critical Minerals in Indonesia Midwest Limited, along with its promoter group company Midwest Energy Limited and India's NFTDC, signed an MoU on 7th Jul'26 with Indonesia's state-owned minerals enterprise, PERMINAS. The agreement establishes a framework to collaborate on developing critical minerals and rare earth resources in Indonesia. The consortium will contribute expertise across the value chain, from exploration and mining to downstream rare earth magnet manufacturing. PERMINAS will provide access to the resources. The MoU is non-financial and marks Midwest's first structured collaboration with a Southeast Asian state-owned enterprise.