Midwest Gold Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key personnel change in the organization's leadership structure. The resignation was communicated to BSE Limited in compliance with regulatory requirements on December 20, 2025.

Key Personnel Departure Details

Mr. Anant Patwari, who served as Company Secretary and Compliance Officer (Key Managerial Personnel), has tendered his resignation from the position effective from the close of business hours on December 20, 2025. The resignation was submitted to pursue an alternate career opportunity outside the organization.

Regulatory Compliance and Disclosure

The company has fulfilled its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to BSE Limited with scrip code 526570, ensuring proper market disclosure of the personnel change.

In his resignation letter, Mr. Patwari confirmed that there are no other material reasons for his resignation beyond pursuing new career directions. He expressed gratitude for the professional and personal growth opportunities received during his tenure with the company.

Company Leadership Structure

The resignation letter was accepted and the regulatory filing was signed by Baladari Satyanarayana Raju, Whole-Time Director (DIN: 01431440), on behalf of Midwest Gold Limited. The company's registered office is located at 1st Floor, H.No.8-2-684/3/25&26, Road No.12, Banjara Hills, Hyderabad-500034.

The departure represents a personnel change as the outgoing Company Secretary expressed appreciation for his time with the organization.

Midwest Gold Limited has announced a strategic expansion into the Sri Lankan market through its subsidiary structure. The company has incorporated a step-down wholly-owned subsidiary named Good Energy (Pvt) Ltd in Sri Lanka, focusing on renewable energy, clean energy, and battery energy storage systems.

Key Details of the Expansion

Corporate Structure

The newly incorporated Good Energy (Pvt) Ltd is a step-down wholly-owned subsidiary of Midwest Gold Limited. It is 100% held by Midwest Energy Private Limited, which is itself a wholly-owned subsidiary of Midwest Gold Limited. This structure expands the company's presence into the renewable energy sector in Sri Lanka.

Corporate Disclosure

The company has made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Midwest Gold Limited has stated that additional information regarding this corporate action will be disclosed in due course.

Implications

This move represents a significant step in Midwest Gold's international expansion strategy and diversification into the renewable energy sector. By establishing a presence in Sri Lanka through its subsidiary structure, the company is positioning itself to explore new market opportunities in renewable energy, clean energy, and battery energy storage systems.

The substantial share capital of LKR 300,000,000.00 indicates a commitment to this new venture and suggests that Midwest Gold Limited sees potential in the Sri Lankan renewable energy market.

Investors and stakeholders are advised to monitor future announcements from Midwest Gold Limited for more detailed information about the new subsidiary's operations and its potential impact on the company's overall business strategy.

The company has confirmed that further details will be available on its official website at www.midwestgoldltd.com .