Other Construction Materials
Investment30 March 2026 at 03:31 pm

Midwest Gold Ltd. Allots 4 Lakh Equity Shares on Preferential Basis to Promoters

AI Summary

Midwest Gold Ltd. has approved the allotment of 4,00,000 equity shares at an issue price of Rs.2,000/- per share to promoters. The equity shares will rank pari passu with the existing shares. The company has received in-principle approval from BSE Limited for the issuance. The issued and paid-up equity share capital of the Company stands increased to 1,28,98,696 equity shares of Rs. 10/- each fully paid up.

Key Highlights

  • Midwest Gold Ltd. allots 4,00,000 equity shares to promoters
  • The shares are allotted at an issue price of Rs.2,000/- per share
  • The equity shares will rank pari passu with the existing shares
  • The company has received in-principle approval from BSE Limited
  • The issued and paid-up equity share capital of the Company stands increased to 1,28,98,696 equity shares of Rs. 10/- each fully paid up