
Board Meeting10 Nov 2026, 07:30 pm
Midwest Ltd Declares Un-audited Q2 FY27 Results
AI Summary
Midwest Ltd announced its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also approved granting a corporate guarantee for facilities to AP Midwest Galaxy Private Limited and executing a Captive Power Purchase Agreement and Share Purchase Agreement with Infinite Beam Private Limited. The acquisition of 26% equity in Infinite Beam Private Limited for solar power generation involves a cash consideration of ₹52,50,000.
Key Highlights
- Company declared un-audited standalone and consolidated financial results.
- Board approved corporate guarantee for AP Midwest Galaxy Private Limited.
- Agreement to execute CPPA and SPA with Infinite Beam Private Limited.
- Acquisition of 26% stake in Infinite Beam Private Limited for ₹52.5 Lakhs.
- Acquisition aims to purchase solar power under captive scheme.
Price Impact
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