Midwest Energy MD, chairman, board of directors and AGM
BSE: 526570Other Construction MaterialsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹251.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹3,239 Cr767th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 Sep 2026
- 8.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 28 Sep 2026
- −1.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 Sep 2026
- 0.76
- Volume, BSEVolume. Shares traded on the last trading day.
- 11,543
Midwest Energy board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonBHASKARARAO GADIPUDI
- Company Secretary and Compliance OfficerPrabhat Bhamini
8 directors3 independent2 executive3 non-executive
- DEEPAK KUKRETIExecutive · joined Oct 2020 · 1 listed board
- KOTHAMASU SRI SURYA PRATAPIndependent · joined Nov 2022 · 43 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SATYANARAYANA RAJU BALADARIExecutive · joined Oct 2008 · 1 listed board · 1 as independent · 2 committee seats
- BHASKARARAO GADIPUDI · ChairpersonIndependent · joined Feb 2022 · 52 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- SASIKANTH RAONon-executive · joined May 2019 · 1 listed board
- RAJYALAKSHMI ANKIREDDYNon-executive · joined Nov 2020 · 1 listed board · 1 as independent
- SOMASEKHAR REDDY BHIMAVARAPUIndependent · joined Apr 2025 · 14 months as independent · 1 listed board · 1 as independent
- KUKRETI SOUMYANon-executive · joined Jun 2026 · 2 listed boards
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Jun 20266 of 7 present3 independent · 2 days in between
- 27 Jun 20266 of 7 present3 independent · 21 days in between
- 5 Jun 20266 of 7 present3 independent · 6 days in between
- 29 May 20266 of 7 present3 independent · 59 days in between
1 earlier meeting
- 30 Mar 20266 of 7 present3 independent
Audit Committee
Chair BHASKARARAO GADIPUDI
KOTHAMASU SRI SURYA PRATAP, SATYANARAYANA RAJU BALADARI
- 29 May 20263 of 3 present2 independent · 78 days in between
- 11 Mar 20263 of 3 present2 independent
Nomination and remuneration committee
Chair KOTHAMASU SRI SURYA PRATAP
BHASKARARAO GADIPUDI, RAJYALAKSHMI ANKIREDDY
- 27 Jun 20263 of 3 present2 independent · 21 days in between
- 5 Jun 20263 of 3 present2 independent · 6 days in between
Stakeholders Relationship Committee
Chair BHASKARARAO GADIPUDI
KOTHAMASU SRI SURYA PRATAP, SATYANARAYANA RAJU BALADARI
- 5 Jun 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- M/s. MAJETI & CO.Peer-review certificate valid to Sep 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Midwest Energy AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Midwest Energy share news and announcements
Annual general meeting, 30 Sep 2026
9,642 shareholders on the register on 23 Sep 2026; present: 3 promoters and 32 others; votes counted by Srikant Kumar P / PSK & Associates.The company's voting result (opens in a new tab)
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREONMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.16% · promoters 99.33% · institutions 0.00% · other public 11.30%
- TO APPOINT MR. BALADARI SATYANARAYANA RAJU (DIN: 01431440), WHO RETIRES BY ROTATION AND, BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 61.18% · promoters 99.33% · institutions 0.10% · other public 11.30%
- TO APPOINT MRS. SOUMYA K (DIN: 01760289) AS WHOLE-TIME DIRECTOR AND CHIEF EXECUTIVE OFFICER OF THE COMPANY FOR A PERIOD OF FIVE YEARS WITH EFFECT FROM 30 SEPTEMBER 2026.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 61.18% · promoters 99.33% · institutions 0.10% · other public 11.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 Sep 2026, 4 resolutions
9,074 shareholders on the register on 31 Jul 2026; votes counted by Srikant Kumar P / Srikant Kumar P.The company's voting result (opens in a new tab)
- To consider and approve sub-division/split of equity shares of the company consequentially amendment in Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- APPROVAL FOR PAYMENT OF PROFESSIONAL CONSULTANCY FEES TO MR. DEEPAK KUKRETI, A RELATED PARTY OF THE COMPANYSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
- APPOINTMENT OF MRS. KOLLAREDDY RANGANAYAKAMMA (DIN: 00033569) AS A NON-EXECUTIVE DIRECTOR OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- APPOINTMENT OF MR. DINABANDHU MOHAPATRA (DIN- 07488705) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesApr 2026, checked by Infomerics Valuation and Rating Limited | – | – | – | No |