Midwest Share price

The Company was incorporated on December 11 1981 at Hyderabad in the erstwhile state of Andhra Pradesh India as ‘Midwest Granite Private Limited’ a private limited company under the Companies Act 1956 and was granted a certificate of incorporation by the Registrar of Companies Andhra Pradesh at Hyderabad. Subsequently pursuant to a Board resolution dated March 28 2024 and a resolution passed at an extraordinary general meeting dated May 7 2024 the name of The Company was changed to ‘Midwest Private Limited’ to reflect the widened scope of the business activities and a fresh certificate of incorporation dated July 2 2024 was issued by the Registrar of Companies Central Processing Centre. The Company was then converted into a public limited company under the Companies Act 2013 pursuant to a Board resolution dated July 15 2024 and a resolution passed at an extraordinary general meeting dated July 15 2024 and consequently the name of The Company was changed to ‘Midwest Limited’ and a fresh certificate of incorporation dated August 28 2024 was issued by the Registrar of Companies Central Processing Centre.Major Events :1981- Incorporated under the name of ‘Midwest Granite Private Limited’ and commenced business operations1988- Received a quarry lease for an Absolute Black Granite Mine in Arpanapally in the erstwhile state of Andhra Pradesh (now Telangana)1994- Received a quarry lease for The first Black Galaxy Granite Mine in Chimakurthy in Andhra Pradesh2002- Incorporated The Subsidiary ‘Southasia Granite and Marble (Private) Limited’ and commenced raw granite stone processing in Sri Lanka2003- Incorporated The Subsidiary ‘Reliance Diamond Tools (Private) Limited’ and commenced manufacturing of Diamond tools in Sri Lanka for export2007- Incorporated The Material Subsidiary Andhra Pradesh Granite (Midwest) Private Limited together with the Government of Andhra Pradesh for mining of Black Galaxy Granite- Won a global tender floated by the Government of Andhra Pradesh for a 48 acre block of Black Galaxy Granite- Recognition as an ‘Export House’ by the Ministry of Commerce Government of India from April 1 2007 to March 31 20092009- Recognition as a ‘Star Export House’ by the Ministry of Commerce Government of India from April 1 2009 to March 31 20142015- Received a quarry lease for a Black Granite Mine located in Kodad Telangana2017- Received a quarry lease for a Black Granite Mine located in Theegalaveni Telangana- The Company qualified for empanelment by the National Mineral Exploration Trust Ministry of Mines Government of India as an exploration entity.- Incorporation of The Subsidiary Midwest Neostone Private Limited to carry out The operations for Quartz and silica.2021- Completed shifting The Diamond Wire mining tools manufacturing operations from Sri Lanka to Hyderabad Telangana India- Established The first captive solar plant in Telangana2023- Established operations in Sri Lanka through incorporation of The subsidiaries Midwest Heavy Sands Private Limited and Trinco Mineral Sands Private Limited for mining of mineral sand- The Material Subsidiary Andhra Pradesh Granite (Midwest) Private Limited was upgraded to a ‘Three Star Export House’ by the Ministry of Commerce Government of India2024- Upgraded to a ‘Three Star Export House’ by the Ministry of Commerce Government of India2025- Operationalization of Phase I of the Quartz Processing PlantKey Awards Accreditations and Recognitions :2009- “Export Promotion Award” from Vishakhapatnam Special Economic Zone for the best export performance amongst 100% EOUs in granite sector in Andhra Pradesh2010- “Export Excellence Award” from Vishakhapatnam Special Economic Zone for the best export performance amongst 100% EOUs in granite sector in Andhra Pradesh2011- “Best Export Performance Award” from Vishakhapatnam Special Economic Zone in the category of Export Awards for EOUs in Andhra Pradesh Chhattisgarh Yanam2012- “Best Export Performance Award” from Vishakhapatnam Special Economic Zone in the category of Export Awards for EOUs in Andhra Pradesh Chhattisgarh Yanam2013- “Commendable Export Performance Award” from Vishakhapatnam Special Economic Zone in the category of Export Awards for EOUs in Andhra Pradesh Chhattisgarh Yanam2012- “First Prize” in the category of Mine Inspection – A+ for Appointment of Qualified Personnel & Maintenance of Plants from Prakasam & Guntur Granite Mines at the 15th Mines Safety Week Celebration 2012- “Longstanding Customer Award” from Export Credit Guarantee Corporation of India Limited Hyderabad branch2014-“First Prize” in the category of Maintenance of Quarry Roads and Footpaths from Prakasam & Guntur Granite Mines at the 16th Safety Week Celebrations 20142017- “First Prize” in the category of Registers and Records and Maintenance of Plans from Prakasam & Guntur Granite Mines at the 18th Safety Week Celebrations 2017- “Overall First Prize” from Prakasam & Guntur Granite Mines at the 18th Safety Week Celebrations 20172019- “First Prize” in the category of Publicity and Propaganda from Prakasam & Guntur Granite Mines at the 19th Safety Week Celebrations 20192022- “First Prize” in the category of Appointment of Qualified Personnel from Prakasam & Guntur Granite Mines under the Directorate General of Mines Safety at the 20th Mines Safety Week Observance 2022- “Overall Second Prize” from Prakasam & Guntur Granite Mines under the Directorate General of Mines Safety at the 20th Mines Safety Week Observance 20222023- The Material Subsidiary APGM received the Overall First Prize from Prakasam Bapatla & Palnadu Districts Granite Mines at the 21st Mines Safety Week Celebrations – 2023 for its Mines in Chimakurthy Andhra Pradesh.2024- “Certificate of Recognition” as a Three Star Export House in accordance with Foreign Trade Policy 2023 from Ministry of Commerce and Industry Government of India- The Material Subsidiary APGM received the Second Prize in the category of Environmental Management and Welfare Amenities from Prakasam Bapatla & Palnadu Districts Granite Mines the safety committee appointed by the Director of Mines Safety at the 22nd Mines Safety Week Celebrations- The Material Subsidiary APGM received the First Prize in the category of Publicity and Propaganda from Prakasam Bapatla & Palnadu Districts Granite Mines the safety committee appointed by the Director of Mines Safety at the 22nd Mines Safety Week Celebrations- The Material Subsidiary APGM received the Second Prize in the category of Registers and Records and Maintenance of Plans from Prakasam Bapatla & Palnadu Districts Granite Mines the safety committee appointed by the Director of Mines Safety at the 22nd Mines Safety Week Celebrations- The Material Subsidiary APGM received the Second Prize in the category of Mine Workings from Prakasam Bapatla & Palnadu Districts Granite Mines the safety committee appointed by the Director of Mines Safety at the 22nd Mines Safety Week Celebrations- “Second Prize” in the category of Appointment of Qualified Personnel from Prakasam Bapatla & Palnadu Districts Granite Mines the safety committee appointed by the Director of Mines Safety at the 22nd Mines Safety Week Celebrations- “Second Prize” in the category of Environmental Management and Welfare Amenities from Prakasam Bapatla & Palnadu Districts Granite Mines the safety committee appointed by the Director of Mines Safety at the 22nd Mines Safety Week Celebrations.