Midwest Gold Limited to Consider Amalgamation with Wholly-Owned Subsidiary

Midwest Gold has announced a crucial board meeting scheduled for August 21, 2025, to deliberate on a significant corporate restructuring move. The company's Board of Directors will convene to consider a scheme of amalgamation between Midwest Gold Limited and its wholly-owned subsidiary, Midwest Energy Private Limited.

Key Points of the Announcement

• Board Meeting Date: August 21, 2025
• Primary Agenda: Consideration of the Scheme of Amalgamation
• Companies Involved:
  • Transferee Company: Midwest Gold Limited
  • Transferor Company: Midwest Energy Private Limited (Wholly-owned Subsidiary)
• Legal Framework: Section 233 of the Companies Act 2013 and applicable SEBI regulations

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for prevention of insider trading, Midwest Gold Limited has implemented a trading window closure:

• Closure Start Date: August 20, 2025
• Reopening: 48 hours after the disclosure of the meeting outcome to the stock exchanges

Implications and Next Steps

The proposed amalgamation, if approved, could potentially streamline operations and enhance operational efficiency within the Midwest Gold Limited group. Shareholders and market participants will be keenly awaiting the outcome of this board meeting, as it may have significant implications for the company's structure and future operations.

Investors and stakeholders are advised to monitor official communications from the company and the stock exchanges for further updates on this development. The market's reaction to this news will be closely watched in the coming days, particularly once the trading window reopens and the board meeting's outcome is disclosed.

Midwest Gold Limited continues to demonstrate its commitment to corporate governance by providing timely disclosures of such material events to the stock exchanges and its shareholders.