Voting results and Scrutinizers report of the EGM held on March 14, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Midwest Gold Limited held an Extraordinary General Meeting (EGM) on March 14, 2026, through video conferencing, which concluded in about 15 minutes. The single special resolution on the agenda was to approve the issue of equity shares on a preferential basis to the Promoter, Promoter Group, and Non-Promoter Public Category Investors, for cash consideration. A total of 37 members cast valid votes representing 80,21,542 (approximately 80.2 lakh) equity shares, with 100% voting in favour of the resolution and zero votes against. The scrutinizer, CS Munesh Kumar Gaur, confirmed the resolution was passed with the requisite majority. The results have been filed with BSE and uploaded on the company's website.
Shareholders have approved a preferential equity issue, which will allow the company to raise capital from promoters, promoter group entities, and selected public investors. This may lead to dilution of existing shareholders' holdings, but the unanimous approval suggests broad shareholder confidence in the proposed fundraise.