Other Construction Materials
Investment8 April 2026 at 08:20 am

Midwest Gold Ltd Allots 73,500 Equity Shares on Preferential Basis to Non-Promoters

AI Summary

Midwest Gold Ltd has approved the allotment of 73,500 equity shares of Rs. 10/- each at an issue price of Rs.2,000/- per share to non-promoters. The equity shares so allotted shall rank pari passu with the existing equity shares of the Company. The company has received in-principle approval from BSE Limited for issuance of the aforesaid Equity Shares on preferential basis. The issued and paid-up equity share capital of the Company stands increased from 1,28,98,696 equity shares of Rs. 10/- each to 1,29,72,196 equity shares of Rs. 10/- each fully paid up.

Key Highlights

  • Midwest Gold Ltd allots 73,500 equity shares to non-promoters
  • Issue price set at Rs.2,000/- per share
  • Equity shares rank pari passu with existing shares
  • In-principle approval received from BSE Limited
  • Issued and paid-up equity share capital increased to 1,29,72,196 equity shares