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News

Media spotlight triggers stock stock attention, sentiment.

  • Midwest Gold has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2025

    9 Jan 2026, 6:01PM As of December 2025, 57.91% is owned by Indian Promoters and 42.09% by Public. <p align=justify> Top five Promoters holding highest number of shares o
  • Midwest Gold - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    8 Jan 2026, 4:45PM Submission of Certificate received from Bigshare Services Pvt. Ltd., RTA of the Company confirming compliance under Regulation 74(5) of the SEBI (DP)
  • Midwest Gold - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    2 Jan 2026, 8:05PM Voting Results and Scrutinizers Report for the Postal Ballot.
  • Midwest Gold - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    2 Jan 2026, 8:03PM Outcome of the Postal Ballot.
  • Midwest Gold - Board Meeting Outcome for OUTCOME OF THE BOARD MEETING - ALLOTMENT OF EQUITY SHARES UNDER PREFERENTIAL ALLOTME

    31 Dec 2025, 5:28PM Allotment of 10,00,000 (Ten Lakh only) Equity Shares of Rs. 10/- (Rupees Ten only) each at an issue price of Rs. 1,500/- (Rupees One Thousand Five Hun
  • Midwest Gold - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

    20 Dec 2025, 4:35PM Resignation of Mr. Anant Patwari as Company Secretary and Compliance Officer of the Company.
  • Midwest Gold - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    2 Dec 2025, 6:54PM Submission of Postal Ballot Notice dated 02.12.2025
  • Midwest Gold - Update On Incorporation Of A Step-Down Wholly-Owned Subsidiary

    27 Nov 2025, 7:19PM Update on Incorporation of a Step-Down Wholly-owned Subsidiary
  • Midwest Gold - Incorporation Of A Step-Down Wholly-Owned Subsidiary In Srilanka

    18 Nov 2025, 7:10PM Incorporation of a Step-Down Wholly-owned subsidiary company in Srilanka
  • Midwest Gold - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    8 Nov 2025, 6:11PM Submission of Monitoring Agency Report for the quarter ended September 30, 2025.
  • Midwest Gold - Un-Audited (Standalone And Consolidated) Financial Results For The Quarter And Half Year Ended September 30, 2

    8 Nov 2025, 6:06PM Submission of financial results.
  • Midwest Gold - Board Meeting Outcome for Approval Of Unaudited (Standalone And Consolidated) Financial Results For The Quarte

    8 Nov 2025, 5:58PM Pursuant to Regulation 30 & Regulation 33 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby
  • Midwest Gold - Board Meeting Intimation for Consideration And Approval Of Un-Audited (Standalone And Consolidated) Financial

    3 Nov 2025, 4:09PM Midwest Gold Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2025 ,inter alia, to consider and app

Key fundamentals

Evaluate the intrinsic value of Midwest Gold Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 120.154 3.6466 4.2962 10.9114 8.2429
Liabilities 120.154 3.6466 4.2962 10.9114 8.2429
Equity 11.0479 3.27 3.27 3.27 3.27
Gross Profit -3.0404 -1.0424 -5.2284 -1.3958 -1.0933
Net Profit -3.941 -2.2962 -9.6064 -1.6193 -1.3821
Cash From Operating Activities -3.0693 -0.4143 -1.8151 0.6175 0.3319
NPM(%) -882.84 -219.66 -548.84 -1310.6 -372.84
Revenue 0.4464 1.0453 1.7503 0.1235 0.3707
Expenses 3.4868 2.0877 6.9787 1.5193 1.464
ROE(%) -4.84 -2.82 -11.8 -1.98 -1.69

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Midwest Gold Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Jain Marmo Industries Ltd 19.14 4.93 0.00 1721.86 -0.18 0.00
HG Industries Ltd 278.00 4.97 0.00 2548.53 -32.36 0.00
Neelkanth Rock-Minerals Ltd 16.05 0.00 30.28 2774.09 3.88 0.00
Elegant Marbles and Grani Industries Ltd 198.00 0.05 19.41 1629.68 158.74 0.51

Company Info

Midwest Gold Limited was originally incorporated as a Limited Company under the name and style of M/s. Nova Granites (India) Limited on 20th day of November, 1990 in the State of Karnataka. The Company was incorporated as 100 % EOU with an object of processing of Granite Blocks including mining and processing of all other types of minerals. Company had commenced its commercial operations in the year 1990. In order to meet the financial needs to expand the existing business and to add few more products the Company went to public issue in the year 1994-95 and raised capital from public. In view of encouraging liberalized mining permissions to excavate Gold as taken by the Central Government to boost up the industry and economic conditions prevailing in the Country, Board had decided to diversify, inter-alia, into Gold mining and other related activities in the year 2010 without leaving its original business activities. Since then the Company has diversified into Gold Mining and related business, which was booming in India and in view of the same the Company had changed its name to M/s. Midwest Gold Limited in December, 2010. The timely decision of the Company to diversify into Gold mining business expected to be start yielding results in the very near future.YEAR EVENTS1990- The company was incorporated as a public limited company on 20th November, with its registered office at Bangalore and obtained its Certificate of Commencement of business on 1st October 1992. Promoted by Prabhat K. Tyagi, Subhas and Mahbubani, Pawan Kumar Jain and J. Basant Suravo. - The main objective of the company is to manufacture polished granite slabs and tiles. - The company was planning to set up a 100% EOU for the manufacture of polished granite tiles and slabs with an installed capacity of 89,600 sq. mts. per annum at Attibela, Anekal Taluk, Bangalore district in Karnataka. 1995 - 17,30,570 shares were held by promoters and their relatives. 58,69,430 shares were issued through prospectus of which 26,69,430 shares were allotted to promoters, Directors, their friends and relatives. Of the remaining 32,00,000 shares, 12,00,000 shares were allotted on firm allotment basis to UTI, SBI Mutual Fund, 20th Century Mutual Fund and IDBI. Balance 20,00,000 shares were allotted to the public (all were taken up).2011-Company has changed its name from Nova Granites (India) Ltd. to Midwest Gold Ltd. 2025-The Scheme of Amalgamation between Midwest Energy Private Limited with Midwest Gold Limited.

Midwest Gold Limited was originally incorporated as a Limited Company under the name and style of M/s. Nova Granites (India) Limited on 20th day of November, 1990 in the State of Karnataka. The Company was incorporated as 100 % EOU with an object of processing of Granite Blocks including mining and processing of all other types of minerals. Company had commenced its commercial operations in the year 1990. In order to meet the financial needs to expand the existing business and to add few more products the Company went to public issue in the year 1994-95 and raised capital from public. In view of encouraging liberalized mining permissions to excavate Gold as taken by the Central Government to boost up the industry and economic conditions prevailing in the Country, Board had decided to diversify, inter-alia, into Gold mining and other related activities in the year 2010 without leaving its original business activities. Since then the Company has diversified into Gold Mining and related business, which was booming in India and in view of the same the Company had changed its name to M/s. Midwest Gold Limited in December, 2010. The timely decision of the Company to diversify into Gold mining business expected to be start yielding results in the very near future.YEAR EVENTS1990- The company was incorporated as a public limited company on 20th November, with its registered office at Bangalore and obtained its Certificate of Commencement of business on 1st October 1992. Promoted by Prabhat K. Tyagi, Subhas and Mahbubani, Pawan Kumar Jain and J. Basant Suravo. - The main objective of the company is to manufacture polished granite slabs and tiles. - The company was planning to set up a 100% EOU for the manufacture of polished granite tiles and slabs with an installed capacity of 89,600 sq. mts. per annum at Attibela, Anekal Taluk, Bangalore district in Karnataka. 1995 - 17,30,570 shares were held by promoters and their relatives. 58,69,430 shares were issued through prospectus of which 26,69,430 shares were allotted to promoters, Directors, their friends and relatives. Of the remaining 32,00,000 shares, 12,00,000 shares were allotted on firm allotment basis to UTI, SBI Mutual Fund, 20th Century Mutual Fund and IDBI. Balance 20,00,000 shares were allotted to the public (all were taken up).2011-Company has changed its name from Nova Granites (India) Ltd. to Midwest Gold Ltd. 2025-The Scheme of Amalgamation between Midwest Energy Private Limited with Midwest Gold Limited.

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Parent Organisation

Midwest Gold Ltd.

Founded

20/11/1990

Managing Director

NSE Symbol

FAQ

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The 52-week high for Midwest Gold Ltd is

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The CEO of Midwest Gold Ltd is , who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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