Midwest Gold Ltd (REMAGNET) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Midwest Gold Ltd on NSE and BSE, with an AI summary of each filing.
Acceptance of MIDC offer for allotment of Leasehold Industrial Land for setting up 5000 MTPA NdFeB permanent magnet manufacturing facility.
Others (Uncategorized) · 30 Oct 2026, 11:50 pm
Midwest Energy Secures MIDC Land for Magnet Manufacturing Facility Midwest Energy Limited's board approved the acceptance of MIDC's offer dated 15th Oct'26 for leasehold industrial land across Plot Nos. C-1/1 and C-1 at Butibori Ph-2 Industrial Area, Nagpur. Totaling approximately 301,594.64 sq. mtrs. at a rate of Rs. 2,200 per sq. mtr., the total land premium stands at Rs. 66.35 cr (Earnest Money Deposit of Rs. 16.59 cr). The acquired land will house a 5,000 MTPA Neodymium-Iron-Boron (NdFeB) permanent magnet manufacturing facility.
Clarification on Price Movement
Others (Uncategorized) · 10 Oct 2026, 6:41 pm
Midwest Energy Clarifies Recent Share Price Movement Is Purely Market Driven Midwest Energy Limited clarified to BSE on 10th Oct'26 regarding recent significant price movements in its securities, stating that management is unaware of any specific company-attributable reasons. The company confirmed the movement is purely market-driven, with management having no connection to the fluctuations. Midwest Energy reiterated full compliance with SEBI Regulation 30 disclosure requirements, affirming that all material information impacting operations and performance has been duly disclosed within mandated timelines and will continue to be submitted as required.
The Exchange has sought clarification from Midwest Energy Ltd on October 12, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....
Others (Uncategorized) · 09 Oct 2026, 11:43 pm
Voting Results along with Scrutinizer''s Report of 36th Annual General Meeting.
Annual General Meeting · 02 Oct 2026, 3:48 am
Proceedings of Thirty-Sixth Annual General Meeting
Annual General Meeting · 01 Oct 2026, 2:03 am
We refere to our intimation dated June 30, 2026 and August 08, 2026 regarding the sub-division/split of the existing equity shares of the Company. In this regard, we wish to inform you ....
Stock Split · 12 Sept 2026, 9:21 pm
Midwest Energy Sets Record Date for 10-for-1 Stock Split Midwest Energy Limited has fixed Friday, 25th Sep'26, as the record date to determine shareholder eligibility for its upcoming stock sub-division. Approved by shareholders via postal ballot on 8th Sep'26, each existing fully paid-up equity share of face value Rs. 10 will be split into shares of face value Re. 1 each, ranking pari-passu in all respects.
Notice of 36th Annual General Meeting
Annual General Meeting · 09 Sept 2026, 5:18 am
Annual Report
Others (Uncategorized) · 09 Sept 2026, 5:13 am
Outcome of Board meeting held on September 07, 2026
Others (Uncategorized) · 08 Sept 2026, 3:20 am
Midwest Energy Appoints Soumya Kukreti as CEO and Schedules 36th AGM Midwest Energy Limited's board approved redesignating Non-Executive Director Mrs. Soumya K (Soumya Kukreti) as Whole-Time Director and CEO for a five-year term effective 30th Sep'26, subject to shareholder approval. The company scheduled its 36th AGM for 30th Sep'26 via video conferencing, with the e-voting cut-off date fixed for 23rd Sep'26 and remote e-voting running from 27th Sep'26 to 29th Sep'26. The board also approved the Directors' Report for FY25-26 and appointed Bigshare Services for e-voting facilities.
Monitoring Agency Report for the quarter ended June 30, 2026.
Others (Uncategorized) · 15 Aug 2026, 3:33 am
Midwest Energy Q1FY27 Preferential Issue Utilization Update Midwest Energy's preferential issue was undersubscribed, raising ₹184.85 crore versus the targeted ₹200 crore. As of 30-Jun'26, the company has utilized ₹158.32 crore. Key applications include ₹80.00 crore for repaying director loans, ₹47.70 crore for plant & machinery for its rare earth magnet facility, and ₹20.62 crore for land acquisition. A balance of ₹26.53 crore remains unutilized. The monitoring agency, Infomerics, reported no deviations from the stated objects of the issue. The project's cost objectives were revised post-undersubscription.
Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026.
Financial Result · 11 Aug 2026, 3:32 am
Midwest Energy Posts Strong Q1 FY27 Results; Appoints New Internal Auditor Midwest Energy reported a standalone profit of ₹315.33 lakhs for Q1 FY27, a significant turnaround from ₹51.12 lakhs YoY and a profit of ₹22.33 lakhs QoQ. Revenue from operations grew to ₹463.39 lakhs, up from ₹409.50 lakhs QoQ. Basic EPS stood at ₹2.43. On a consolidated basis, the company posted a net loss of ₹101.87 lakhs. The Board also approved the appointment of M/s. Eswaraiah & Co. as the new Internal Auditor for FY 2026-27, effective 10th Aug '26.
We wish to inform you that the Board of Director in their meeting held on August 10, 2026 has, inter alia, considered and approved the Un-audited (Standalone & Consolidated) Financial Results ....
Outcome · 11 Aug 2026, 3:19 am
Midwest Gold Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 624 (+1163.6% YoY | +8.3% QoQ) ■ EBITDA: -45.6 (+83.3% YoY | +85.8% QoQ) ■ EBITDA Margin (%): -7.3 (+54411 bps YoY | +4854 bps QoQ) ■ PAT: -102 (+73.0% YoY | +70.5% QoQ) ■ EPS (INR): -0.93 (+70.4% YoY | +69.5% QoQ) Midwest Gold Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) Segmental Performance Rare-earth materials and magnets ■ Revenue: 0.0 ■ EBIT: -55.5 (Profit to Loss YoY | -185.6% QoQ) ■ EBIT Margin (%): 0.0 Renewable energy & power storage systems ■ Revenue: 463 (+1127.8% YoY | -79.3% QoQ) ■ EBIT: 105 (Loss to Profit YoY | -81.5% QoQ) ■ EBIT Margin (%): 22.6 (Loss to Profit YoY | -270 bps QoQ) Others ■ Revenue: 161 (+1279.4% YoY | -57.3% QoQ) ■ EBIT: -22.3 (Profit to Loss YoY | +95.4% QoQ) ■ EBIT Margin (%): -13.9 (Profit to Loss YoY | +11583 bps QoQ)
Midwest Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....
Intimation · 10 Aug 2026, 5:30 am
Midwest Energy Board Meeting on Aug 10, 2026, to Approve Q1 Results Midwest Energy Ltd. has scheduled a Board of Directors meeting on Aug 10, '26, to consider and approve its Unaudited Standalone and Consolidated Financial Results for the quarter ended Jun 30, '26. The agenda also includes taking on record the Limited Review Report from the statutory auditors for the same period. In line with insider trading regulations, the trading window for Designated Persons has been closed since Jul 01, '26, and will reopen 48 hours after the financial results are announced.
Revised submission of the Outcome of the Board meeting dated 28th July 2026 to incorporate the additional disclosure relating to the resignation of the Independent Director as required ....
Outcome · 30 Jul 2026, 2:29 am
Midwest Energy Announces Major Board and Key Management Reshuffle Midwest Energy announced a significant board and management overhaul from its 28th Jul'26 meeting. It accepted four director resignations: Deepak Kukreti (Whole-time), Kothamasu Sri Surya Pratap (Independent), Rajyalakshmi Ankireddy (Non-Executive), and Sasikanth Rao (Non-Executive). Simultaneously, Dinabandhu Mohapatra and Kollareddy Ranganayakamma were appointed as Additional Directors. The CFO, Palepu Ramakrishna Venkatachala, resigned effective 29th Jul'26, with Rama Devi Dasari appointed as his successor. Additionally, the board approved a consultancy fee of up to ₹12.5 lakh/month to related party Deepak Kukreti.
The Board of Directors at its meeting held on July 28, 2026, inter alia, considered and approved/took note of the items as detailed in the attached Outcome of the Board Meeting pursuant ....
Others (Uncategorized) · 29 Jul 2026, 3:32 am
Midwest Energy Announces Major Board and Management Reshuffle Midwest Energy announced significant leadership changes on 28th Jul'26, including the resignation of four directors: Deepak Kukreti (Whole-time), K.S. Surya Pratap (Independent), R. Ankireddy (Independent), and Sasikanth Rao (Non-Executive). The firm also appointed Dinabandhu Mohapatra (Independent) and K. Ranganayakamma (Non-Executive) as Additional Directors. Concurrently, Palepu Venkatachala resigned as CFO, effective 29th Jul'26, and will be succeeded by Rama Devi Dasari. Additionally, a consultancy agreement for up to ₹12.5 lakh/month with related party Deepak Kukreti awaits shareholder approval.
Midwest Energy inaugurates its Giga Watt Scale manufacture facility for manufacture Battery Energy Storage Systems
Press Release · 20 Jul 2026, 8:16 pm
Midwest Energy Commences Production at 1.2 GWh BESS Facility Midwest Energy Limited announced on 20 Jul'26 the commencement of commercial production at its new 1.2 GWh Battery Energy Storage System (BESS) manufacturing facility in Bengaluru. The plant features integrated Cell-to-Container capabilities to produce battery modules, racks, and containerised systems for commercial, industrial, renewable, and utility-scale applications. This strategic expansion is expected to strengthen Midwest's manufacturing capabilities, enhance its clean energy business, and support India's growing demand for advanced energy storage solutions in both domestic and international markets.
Midwest Energy Limited, along with Midwest Limited and Non- Ferrous Materials Technology Development Centre (NFTDC), has signed a Memorandum of Understanding (MoU) with PT Perusahaan Mineral ....
Press Release · 08 Jul 2026, 4:53 pm
Midwest Energy Signs MoU for Rare Earth Development in Indonesia Midwest Energy, with group company Midwest Limited and NFTDC, signed an MoU with Indonesia's state-owned PERMINAS on 08 Jul'26. The agreement establishes a framework to evaluate collaboration across Indonesia's rare earth value chain, from upstream exploration to downstream rare earth magnet production. Midwest Energy will provide technology for a magnet manufacturing plant, while PERMINAS will provide access to critical minerals. The MoU marks Midwest's first structured collaboration with a Southeast Asian state-owned enterprise, expanding its strategic presence in the sector.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, at its meeting ....
Outcome · 30 Jun 2026, 7:31 pm
Midwest Energy Approves 10-for-1 Equity Share Split Midwest Energy's board approved a 10-for-1 stock split on 30th Jun'26, pending shareholder approval. The sub-division will reduce the face value of each equity share from Rs. 10 to Rs. 1. This action aims to enhance liquidity and encourage wider retail participation by making shares more affordable. The paid-up share capital will increase from 1,29,72,196 shares to 12,97,21,960 shares post-split. The record date for the split will be announced later.
The Board of Directors of the Company, at its meeting held today, i.e., June 27, 2026, has approved the appointment of Mrs. Soumya Kukreti (DIN: 01760289) as an Additional Director in the ....
Others (Uncategorized) · 27 Jun 2026, 10:01 pm
Midwest Energy Appoints Soumya Kukreti as Additional Non-Executive Director Midwest Energy Limited's board approved the appointment of Mrs. Soumya Kukreti as an Additional Non-Executive Director, effective from 27th Jun'26. Kukreti, who has served as a Whole-time Director since 2012, brings over 18 years of experience in mining, clean energy, and advanced materials. Her appointment is valid until the next Annual General Meeting. She is the spouse of Mr. Deepak Kukreti, a Whole-time Director of the company. No debarment orders from SEBI or other authorities prevent her appointment.
Midwest Gold Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/06/2026 ,inter alia, to consider and approve Proposal for alteration in the ....
Intimation · 24 Jun 2026, 7:13 pm
Midwest Energy Board to Consider Stock Split on Jun 30, '26 Midwest Energy (BSE: 526570) has scheduled a Board of Directors meeting on Jun 30, '26 to consider a proposal for the sub-division (stock split) of its existing equity shares. The current face value is Rs. 10 per share. The final terms of the split are subject to board, shareholder, and regulatory approvals. The trading window for designated persons is closed until 48 hours after the meeting's outcome is announced. This action aims to alter the company's share capital structure.
Resubmission pursuant to BSE email for separate filing of Statement on Impact of Audit Qualifications (Audit Report with Modified Opinion) for Standalone and Consolidated Financial Results ....
Financial Result · 12 Jun 2026, 10:05 pm
Midwest Gold Ltd - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakh) ■ Revenue: 410 (+546.0% YoY | -79.9% QoQ) ■ EBITDA: -128 (+34.3% YoY | Profit to Loss QoQ) ■ EBITDA Margin (%): -31.4 (+27689 bps YoY | Profit to Loss QoQ) ■ PAT: 22.3 (Loss to Profit YoY | -85.3% QoQ) ■ EPS (INR): 0.28 (Loss to Profit YoY | -79.1% QoQ)
Outcome of Board Meeting held on 05th June 2026: The Board of Directors at its meeting held today i.e. 05th June 2026 has inter-alia considered and approved the appointment of Ms. Prabhat ....
Others (Uncategorized) · 05 Jun 2026, 10:26 pm
Midwest Energy Announces New Company Secretary and Office Relocation Midwest Energy Limited's board approved two key changes on 05th Jun'26. Ms. Prabhat Bhamini (Membership No. A69664) has been appointed as the new Company Secretary and Compliance Officer, effective immediately. The company also approved the shifting of its registered office from Banjara Hills to Prestige Skytech, Financial District, Nanakramguda, Hyderabad. These decisions were finalized at the board meeting held on Friday.
Resignation of Company Secretary and Compliance Officer
Change in Management · 31 May 2026, 11:34 pm
Midwest Energy Company Secretary and Compliance Officer Resigns Midwest Energy Limited announced the resignation of Mr. Girdhar Agarwal from his role as Company Secretary and Compliance Officer, a Key Managerial Personnel position. The resignation is effective from the close of business on 31st May'26. The company cited personal reasons for his departure. This change in key management is a notable event for corporate governance and regulatory compliance oversight. The company will need to appoint a successor to fulfill the statutory requirements.
Audited Financial Results(Standalone and Consolidated) for the quarter and year ended 31st March 2026
Financial Result · 30 May 2026, 5:54 am
Midwest Gold Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakh) ■ Revenue: 576 (+378.3% QoQ) ■ EBITDA: -322 (-59.1% QoQ) ■ EBITDA Margin (%): -55.8 (+11207 bps QoQ) ■ PAT: -345 (-6.1% QoQ) ■ EPS (INR): -3.05 (-16.9% QoQ) Midwest Gold Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakh) Segmental Performance Rare-earth materials and magnets ■ Revenue: 0.0 ■ EBIT: -19.5 (+22.1% QoQ) ■ EBIT Margin (%): 0.0 Renewable energy & power storage systems ■ Revenue: 2,236 (+1757.1% QoQ) ■ EBIT: 566 (Loss to Profit QoQ) ■ EBIT Margin (%): 25.3 (Loss to Profit QoQ) Others ■ Revenue: 376 (+3758700.0% QoQ) ■ EBIT: -487 (-2355.8% QoQ) ■ EBIT Margin (%): -130 (+19837031 bps QoQ)
This is to inform that the name of company has been changed from Midwest Gold Limited to Midwest Energy Limited pursuant to the scheme of Amalgamation. Fresh Certificate of incorporation ....
Others (Uncategorized) · 25 May 2026, 11:21 pm
Midwest Gold Changes Name to Midwest Energy Post-Amalgamation Midwest Gold Limited (BSE: 526570) has officially changed its name to Midwest Energy Limited, effective 25th May'26. The change follows the Scheme of Amalgamation of Midwest Energy Private Limited with the company, which was approved by the Ministry of Corporate Affairs. The Registrar of Companies has issued a fresh Certificate of Incorporation reflecting the new name. This action formalizes the integration and strategic shift indicated by the merger. The company's Corporate Identification Number (CIN) remains unchanged.