NSEBagging/Receiving of orders/contracts5d ago · 31 Aug 2026, 06:26 pm

Bagging/Receiving of orders/contracts

Midwest Limited · MIDWESTLTD

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Midwest Limited has accepted the Letter(s) of Intent (LOI) for working of quarry leases in Andhra Pradesh on Raising-Cum-Sale Contract basis issued by The Andhra Pradesh Mineral Development Corporation Ltd. (APMDC).

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

Midwest Limited has informed the Exchange about the acceptance of the Letter(s) of Intent (LOI) for working of quarry leases in Andhra Pradesh on Raising-Cum-Sale Contract basis issued by The Andhra Pradesh Mineral Development Corporation Ltd. (APMDC).

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MIDWEST_31082026182629_Reg_30_Disclosure_Midwest_Limited.pdf

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August 31, 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 Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (‘Listing Regulations’) - “Acceptance of Letter of Intent for Working of Granite quarry leases in Andhra Pradesh on Raising-Cum-Sale Contract basis” Pursuant to Regulation 30 read with Schedule III of the Listing Regulations, we wish to inform you that the Company has accepted the Letter(s) of Intent (LOI) for working of quarry leases in Andhra Pradesh on Raising- Cum-Sale Contract basis issued by The Andhra Pradesh Mineral Development Corporation Ltd. (APMDC). The disclosure as required under Listing Regulations read with SEBI Circulars is attached herewith and marked as Annexure A to this letter. The aforesaid information is also being made available on the Company’s website at www.midwest.in This is for your information and records. Thanking you, Yours faithfully, For Midwest Limited K. Achyutanand Reddy Company Secretary & Compliance Officer M.No: A44619 Annexure A Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. No Particulars Details 1 Name of the entity awarding the The Andhra Pradesh Mineral Development Order/Contract Corporation Ltd. (APMDC). 2 Significant terms and conditions of the Selection of Agency for Working of: Order/ Contract awarded in brief - Schedule No. 26, Sy. No. 162 for an extent of 4.976 Ha in Thumminda (V), Chittoor (M), Chittoor District of Andhra Pradesh. - Schedule No. 253, Sy. No. L for an extent of 4.948 Ha in Sontinuru (V), Nandigam (M), Tekkali Srikakulam District of Andhra Pradesh. - Schedule No. 270, Sy. No. 73 for an extent of 5.489 Ha in Meelasathiwada (V), Tekkali (M), Srikakulam District of Andhra Pradesh. 3 Whether the Order/Contract has been Domestic Entity awarded by domestic/ international entity 4 Nature of Order/Contract Raising-Cum-Sale Contract basis 5 Whether domestic or international Domestic Entity 6 Time period by which the Order/Contract is Commencement Date shall mean the Date of to be executed issuance of the Letter of Award(LoA) to the Successful Bidder, following the completion of the Tender Process. 7 Broad commercial consideration or size of The LOI does not specify any consideration at this the Order/Contract stage. 8 Whether the Promoter/Promoter No Group/Group Companies have any interest in the entity that awarded the Order/Contract? If yes, nature of interest and details thereof 9 Whether the Order/Contract would fall No within related party transactions? If yes, whether the same is done at “arm’s length” For Midwest Limited K. Achyutanand Reddy Company Secretary & Compliance Officer M.No: A44619