Midwest Energy Limited has fixed September 25, 2026, as the record date for the sub-division of its equity shares. The corporate action was approved by shareholders through a postal ballot on September 8, 2026.

The company previously intimated the market about the split on June 30, 2026, and August 8, 2026. This latest filing confirms the eligibility criteria for existing equity shareholders to receive the split shares.

Share Split Details

Each existing equity share with a face value of ₹10 will be sub-divided into equity shares with a face value of ₹1 each. The new shares will rank pari-passu in all respects with the existing shares.

Regulatory Compliance

The disclosure is made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary, Prabhat Bhamini, signed the intimation filed with BSE Limited.

Investors can access further details on the company’s website.

Midwest Energy Limited’s Board of Directors approved the appointment of Mrs. Soumya K as Whole-Time Director and Chief Executive Officer on September 7, 2026. The designation change takes effect from September 30, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

The board also scheduled the company’s 36th AGM for Wednesday, September 30, 2026, to be conducted via Video Conferencing or Other Audio-Visual Means. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, inclusive, for the purpose of the meeting.

Leadership Transition

Mrs. Soumya K (DIN: 01760289) moves from her role as Non-Executive Director to a full-time executive position. Her tenure as CEO is fixed for five years, commencing on September 30, 2026. She is the daughter of Mrs. Kollareddy Ranganayakamma, a director at the company.

Mrs. Kukreti brings over 18 years of experience across mining, clean energy, advanced materials, hydrogen technologies, powder metallurgy, and e-mobility. She has served as a Whole-time Director of Midwest Limited since 2012. Her profile highlights key contributions to establishing diamond tools manufacturing operations in Sri Lanka and driving backward integration in the mining business through technology-led development.

AGM Logistics

The remote e-voting period begins on Sunday, September 27, 2026, at 9:00 am and concludes on Tuesday, September 29, 2026, at 5:00 pm. The cut-off date for determining eligibility for e-voting is Wednesday, September 23, 2026.

Mr. Srikant Kumar P, a Practicing Company Secretary, was appointed as the Scrutinizer for the e-voting process. Bigshare Services Private Limited will provide the remote e-voting facility and conduct voting during the AGM.

The Board meeting commenced at 6:00 pm and concluded at 7:00 pm.