MIDWEST GOLD LTD.

Midwest Energy Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Infomerics Valuation and Rating Limited, confirms no deviation from the objects for which funds were raised through a preferential issue of ₹200.00 crore. The Audit Committee and Board of Directors have reviewed and noted the report. The monitoring agency declared that the utilization of issue proceeds aligns with the earmarked objectives, providing a true and fair view.

Midwest Energy Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated results. Additionally, the Board approved the appointment of M/s. Eswaraiah & Co. as the Internal Auditor for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The appointment is effective from August 10, 2026, for the entire financial year. M/s. Eswaraiah & Co. is a Hyderabad-based CA firm with over 30 years of experience.

Midwest Energy Ltd announced that its Board of Directors, in a meeting held on August 10, 2026, approved the Un-audited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026. The Board also took note of the Limited Review Report from statutory auditors M/s. Majeti & Co. Additionally, the Board approved the appointment of M/s. Eswaraiah & Co. as the Internal Auditor for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The meeting commenced at 6:30 PM IST and concluded at 8:30 PM IST.

Midwest Energy Ltd has announced that its Board of Directors will convene on August 10, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The meeting will also include taking on record the Limited Review Report from the Statutory Auditors. Additionally, the company has closed its trading window from July 01, 2026, until 48 hours after the announcement of these financial results, in compliance with insider trading regulations.

Midwest Energy Ltd has revised its board meeting outcome disclosure from July 28, 2026. The board took note of multiple director resignations, including Mr. Deepak Kukreti (Whole-time Director), Mr. Kothamasu Sri Surya Pratap (Non-Executive Independent Director), Mrs. Rajyalakshmi Ankireddy (Non-Executive-Non Independent Director), and Mr. Sasikanth Rao (Non-Executive Director). Concurrently, the board approved the appointment of Mr. Dinabandhu Mohapatra as Additional Director (Non-Executive, Independent) and Mrs. Kollareddy Ranganayakamma as Additional Director (Non-Executive). The company also noted the resignation of its CFO, Mr. Palepu Ramakrishna Venkatachala, and appointed Ms. Rama Devi Dasari as the new CFO. Additionally, the board approved professional consultancy fees for Mr. Deepak Kukreti, subject to shareholder approval.

Midwest Energy Ltd's Board of Directors convened on July 28, 2026, approving several key decisions. The board accepted the resignations of four directors: Mr. Deepak Kukreti (Whole-time Director), Mr. Kothamasu Sri Surya Pratap (Non-Executive Independent Director), Mrs. Rajyalakshmi Ankireddy (Non-Executive Independent Director), and Mr. Sasikanth Rao (Non-Executive Director). Concurrently, the board approved the appointment of Mr. Dinabandhu Mohapatra as an Additional Director (Non-Executive, Independent) and Mrs. Kollareddy Ranganayakamma as an Additional Director (Non-Executive). The company also approved the appointment of Ms. Rama Devi Dasari as the new Chief Financial Officer, effective July 29, 2026, following the resignation of Mr. Palepu Ramakrishna Venkatachala. Additionally, the board approved professional consultancy fees of up to ₹12,50,000 per month plus GST for Mr. Deepak Kukreti, subject to shareholder approval.

Midwest Energy has commenced commercial production at its new 1.2 GWh Battery Energy Storage System (BESS) manufacturing facility in Bengaluru. The facility features integrated Cell-to-Container manufacturing, enabling production of battery modules, trays, racks, and containerized systems for various applications including commercial, industrial, renewable energy, and utility-scale projects. This expansion aims to strengthen India's advanced energy storage manufacturing capabilities and support the country's clean energy transition by providing reliable and resilient energy storage solutions. The company plans to supply these systems to both domestic and international markets.

Midwest Energy Limited, along with Midwest Limited and NFTDC, has signed a Memorandum of Understanding (MoU) with Indonesia's state-owned PT Perusahaan Mineral Nasional (PERMINAS). This collaboration aims to develop critical minerals and rare earth resources in Indonesia, focusing on the entire rare earth value chain from exploration to manufacturing, including rare earth magnet production. A joint working group will be established to oversee project implementation. Midwest Energy will contribute technology for magnet manufacturing, Midwest Limited will focus on exploration and mining, NFTDC will provide technical expertise, and PERMINAS will grant access to resources. This strategic move aligns with Midwest Energy's goal to expand its presence in the rare earth sector.

Midwest Gold Ltd's Board of Directors has approved a sub-division of its equity shares, splitting each share with a face value of ₹10 into ten shares with a face value of ₹1. This move is subject to shareholder approval and aims to enhance liquidity and attract retail investors. The company will also alter its Memorandum of Association to reflect this change. The record date for the split will be announced later. The board meeting took place on June 30, 2026.

Midwest Gold Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter and three months ended June 30, 2026. The measure is in compliance with the company's Code of Conduct for Prevention of Insider Trading and SEBI regulations. The specific date for the Board Meeting to consider these financial results will be communicated later.