Submission of Un-audited Standalone and Consolidated Financial Results for the Quarter ended September 30, 2026

MIDWEST LIMITED (Formerly known as Midwest Granite Private Limited) November 10, 2026 To, To, The Listing Department The Listing Department BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai — 400001 Mumbai — 400051 Scrip Code: 544587 Symbol: MIDWESTLTD Dear Sir/ Madam, Sub.: Outcome of the Board Meeting Pursuant to Regulation 30 & Regulation 33 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby inform you that the Board of Directors of the Company at its meeting held today, i.e. Tuesday, November 10, 2026, has, inter alia: 1. Approved the Un-audited (standalone & consolidated) financial results for the quarter and half year ended September 30, 2026. (Enclosed). 2. Took note of the Limited Review Report in respect of un-audited (standalone & consolidated) financial results, received from M/s. M S K A & Associates LLP, Statutory Auditors, of the Company for the quarter ended September 30, 2026. (Enclosed). 3. The Board of Directors, based on the recommendation of the Audit Committee, approved granting of the corporate guarantee in favour of HDFC bank for facilities granted to AP Midwest Galaxy Private Limited. 4. The Board has also granted the approval to execute a Captive Power Purchase Agreement ("CPPA") and Share Purchase Agreement with Infinite Beam Private Limited. The meeting of the Board of Directors commenced at 03.30 PM and concluded at 4.30 P.M. This is for your information and record. Thanking you, Yours faithfully, For Midwest Limited Digitally signed by Koppala Koppala Achyutanand Reddy Achyutanand Reddy Date: 2026.11.10 18:05:37 +05'30" K. Achyutanand Reddy Company Secretary & Compliance Officer M. No.: A44619 Regd. Office ) : . Level 19, Wing A, Sky One, Prestige Skytech Contact Website : www.midwest.in Financial District, Nanakramguda, Gachibowli, 91-40-40733000 CIN : L14102TG1981PLC003317 Serilingampally, Hyderabad, Telangana, India - 500032. info@midwestin MIDWEST LIMITED (Formerly known as Midwest Granite Private Limited) Annexure A Details required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30 January, 2026 Particulars Details SL No 1 Name of the target entity, details in brief | Infinite Beam Private Limited (“IBPL”) such as size, turnover etc. CIN: U43222AP2024PTC117024 is a private limited company incorporated for the purpose of engaging in the business of solar power generation having its registered office at Venkateswarapuram, Krishna, Vijayawada (Urban), Andhra Pradesh. Latest Audited financial parameter of target entity: Tumover (Rs. in Crore) - Nil PAT (Rs. in Crore) - Nil Net worth (Rs. in Crore) - 4.01 2 ‘Whether the acquisition would fall The proposed acquisition does not fall within within related party transaction(s) and the ambit of related party transactions and none whether the promoter/ promoter group/ | of the promoters or promoter group or group group companies have any interest in the | companies of the Company have any interest in entity being acquired? If yes, nature of | IBPL. interest and details thereof and whether the same is done at “arm’s length”; 3 Industry to which the entity being Solar power generation and Distribution acquired belongs; 4 Objects and impact of acquisition The main object for Company in undertaking (including but not limited to, disclosure | this acquisition is the purchase of solar power of reasons for acquisition of target from IBPL under the captive scheme as per the entity, if its business is outside the main | Electricity Act, 2003 and applicable rules line of business of the listed entity); thereunder. 5 Brief details of any governmental or No governmental or regulatory approvals regulatory approvals required for the are required for this acquisition. incorporation; 6 Indicative time period for completion of | On or before 6 (Six) months from the date of the acquisition this Board Meeting. 7 consideration - whether cash Acquisition involves purchase of equity shares consideration or share swap or any other | against cash consideration of Rs. 52,50,000/- form and details of the same (Rupees Fifty Two Lakhs Fifty Thousand only) 8 Cost of acquisition and/or the price at Rs. 52,50,000/- (Rupees Fifty Two Lakhs Fifty which the shares are acquired Thousand only) 9 Percentage of shareholding / control by | The proposed acquisition would amount to the listed entity and / or number of 26% of the equity share capital of IBPL for the shares allotted. capacity of 4 MW. 10 Brief background about the entity Infinite Beam Private Limited (“IBPL”) acquired in terms of products / line of CIN: U43222AP2024PTC117024 is a private business acquired, date of incorporation, | limited company incorporated for the purpose history of last 3 years turnover, country | of engaging in the business of solar power in which the acquired entity has generation having its registered office at presence and any other significant Venkateswarapuram, Krishna, Vijayawada information (in brief) (Urban), Andhra Pradesh. Regd. Office Contact Website : www.midwest.in Level 19, Wing A, Sky One, Prestige Skytech 91-40-40733000 CIN : L14102TG1981PLC003317 Financial District, Nanakramguda, Gachibowli, info@midwest.in Serilingampally, Hyderabad, Telangana, India - 500032. MSKA & Associates LLP NTU Hiteeh city Road, Kokatpally -Hitech City Road, Kukatpally (Formerly known as M S K A & Associates) Telangana, Hyderabad 500072, INDIA Chartered Accountants Independent Auditor’s Review Report on Standalone unaudited financial results of Midwest Limited for the quarter and year to date pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Midwest Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results of Midwest Limited (hereinafter referred to as ‘the Company’) for the quarter ended September 30, 2026 and the year to date results for the period from April 01, 2026 to September 30, 2026 (‘the Statement’) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Regulations’). 2. This Statement, which is the responsibility of the Company’s Management and has been approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, prescribed under Section 133 of the Companies Act, 2013 (‘the Act’) read with relevant rules issued thereunder (‘Ind AS 34’) and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe tha [Showing first 8,000 characters — download PDF for full document]