Midwest Gold Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/02/2026 ,inter alia, to consider and approve The proposal for fund raising ....
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Midwest Gold Limited has informed BSE that its Board of Directors will meet on Wednesday, February 18, 2026, to consider and approve a proposal for raising funds. The company may issue equity shares, convertible securities, or any other eligible securities, through a preferential allotment or any other permissible mode, subject to regulatory and shareholder approvals. The trading window for the company's securities has been closed from February 14, 2026, and will reopen 48 hours after the meeting outcome is disclosed. No specific details on the size of the fundraise, pricing, or the identity of investors have been provided at this stage.
This is a prior intimation and does not confirm the actual fundraise yet. If approved, it may lead to dilution for existing shareholders depending on the mode and size of the issue. Investors should watch for the board meeting outcome on February 18 for further clarity on the fundraising structure and amount.