Midwest Gold Unit to Set Up Subsidiary in Sri Lanka; Shares Slip 5%

MT Newswires Live

2025/11/19

Midwest Gold (BOM:526570) said its wholly owned subsidiary, Midwest Energy, has approved the incorporation of a new wholly owned unit in Sri Lanka, to be named Good Energy (Pvt) Ltd. or another name approved by local authorities, according to a Tuesday filing with the BSE.

Shares of the granite and marble company were down 5% in Wednesday's trade.

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