Midwest Ltd

Midwest Partnership

Midwest Limited has been selected as the Lead Consortium Partner by Kerala Minerals and Metals Ltd. (KMML) for a strategic Rare Earth Elements pilot project. The project involves processing monazite-rich tailings to produce high-purity rare earth compounds. Midwest will undertake 100% of the capital investment, with the pilot facility expected to be commissioned within six months of approvals.

Execution

Pilot facility to be commissioned within 6 months from receipt of approvals (extendable by 3 months).

Midwest Announces New Order Win

Midwest Limited was selected as the Lead Consortium Partner by KMML for a rare earth elements pilot project. The project involves processing monazite-rich tailings and requires 100% capital investment by the company. The facility is expected to be commissioned within six to nine months, marking a strategic entry into the REE processing sector.

Execution

6 months (extendable by up to 3 months)

Midwest Management Change

Midwest Limited announced the resignation of Mr. Rohit Tibrewal as Company Secretary and Compliance Officer, effective April 30, 2026. The departure is classified as a cessation due to resignation. The company is now in the process of identifying a suitable replacement for the KMP role.

Midwest Management Change

Midwest Limited announced the resignation of Mr. Rohit Tibrewal as Company Secretary and Compliance Officer (Key Managerial Personnel), effective April 30, 2026. He is stepping down due to personal reasons. The company is in the process of complying with SEBI Listing Regulations regarding the departure.

Midwest Promoter Buying (Off-Market)

Midwest Limited promoter Mrs. Kollareddy Ranganayakamma acquired 14,08,851 shares (3.90%) via gift from Mr. Rama Raghava Reddy Kollareddy on April 22, 2026. This internal inter-se transfer among immediate relatives leaves the aggregate promoter group shareholding unchanged at 64.10%.

Midwest Promoter Buying (Off-Market)

Kollareddy Ranganayakamma, a promoter group member of Midwest Limited, acquired 14,08,851 shares (3.90%) via an inter-se gift from a promoter. This internal transfer increases her holding to 4.68%. The transaction represents a restructuring of existing holdings within the promoter group with no change in aggregate promoter control.

Midwest Promoter Buying (Off-Market)

Midwest Limited promoter group member Mrs. Kollareddy Rama Raghava Reddy acquired 14,08,851 shares (3.90%) via an inter-se gift from another promoter group member. Total promoter group holding remains constant at 64.10% post-transaction. This internal restructuring does not impact the company's overall control or market equity supply.