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Midwest Energy Ltd

NSE: MIDWEST · BSE: 526570 · Metals & Mining · 32 announcements

Share price
₹248.35
Market cap
₹3,222 Cr
Revenue (annual)
₹8.66 Cr
Net profit (annual)
₹-14.01 Cr
P/E (TTM)
-295.1×Sector 17.1×
Promoter holding
58.45%+0.00% QoQ
FII holding
12.97%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

16:58 IST BSE
Acquisition

Midwest Energy Acquisition Worth ₹44.64 Cr

Midwest Gold Ltd has received the Regional Director's approval for the merger of its wholly-owned subsidiary, Midwest Energy Private Limited, into itself. The merger, effective from July 1, 2025, aims to integrate complementary mining and energy battery businesses. No new shares will be issued as the transferor is a 100% subsidiary.

Value
₹44.64 Cr
Execution
Appointed Date: 01.07.2025
15:08 IST BSE
Production Started

Midwest Energy Production Started

Midwest Gold's subsidiary, Midwest Energy Devices, has commenced trial production at its 1 GWh lithium battery assembly line in Bengaluru. The facility will produce certified Battery Energy Storage System (BESS) platforms for commercial and grid-scale applications. Commercialization is expected in the coming months, positioning the company as a key player in India's renewable energy transition.