Midwest Ltd. Company History and Annual Growth Details

The Company was incorporated on December 11, 1981 at Hyderabad in the erstwhile state of Andhra Pradesh, India as ‘Midwest Granite Private Limited’, a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Andhra Pradesh at Hyderabad. Subsequently, pursuant to a Board resolution dated March 28, 2024 and a resolution passed at an extraordinary general meeting dated May 7, 2024, the name of The Company was changed to ‘Midwest Private Limited’ to reflect the widened scope of the business activities and a fresh certificate of incorporation dated July 2, 2024 was issued by the Registrar of Companies, Central Processing Centre. The Company was then converted into a public limited company under the Companies Act, 2013, pursuant to a Board resolution dated July 15, 2024 and a resolution passed at an extraordinary general meeting dated July 15, 2024 and consequently, the name of The Company was changed to ‘Midwest Limited’ and a fresh certificate of incorporation dated August 28, 2024 was issued by the Registrar of Companies, Central Processing Centre.

Major Events :

1981

- Incorporated under the name of ‘Midwest Granite Private Limited’ and commenced business operations

1988

- Received a quarry lease for an Absolute Black Granite Mine in Arpanapally in the erstwhile state of Andhra Pradesh (now Telangana)

1994

- Received a quarry lease for The first Black Galaxy Granite Mine in Chimakurthy in Andhra Pradesh

2002

- Incorporated The Subsidiary ‘Southasia Granite and Marble (Private) Limited’ and commenced raw granite stone processing in Sri Lanka

2003

- Incorporated The Subsidiary ‘Reliance Diamond Tools (Private) Limited’ and commenced manufacturing of Diamond tools in Sri Lanka for export

2007

- Incorporated The Material Subsidiary, Andhra Pradesh Granite (Midwest) Private Limited together with the Government of Andhra Pradesh for mining of Black Galaxy Granite

- Won a global tender floated by the Government of Andhra Pradesh for a 48 acre block of Black Galaxy Granite

- Recognition as an ‘Export House’ by the Ministry of Commerce, Government of India from April 1, 2007 to March 31, 2009

2009

- Recognition as a ‘Star Export House’ by the Ministry of Commerce, Government of India from April 1, 2009 to March 31, 2014

2015

- Received a quarry lease for a Black Granite Mine located in Kodad, Telangana

2017

- Received a quarry lease for a Black Granite Mine located in Theegalaveni, Telangana

- The Company qualified for empanelment by the National Mineral Exploration Trust, Ministry of Mines, Government of India, as an exploration entity.

- Incorporation of The Subsidiary, Midwest Neostone Private Limited, to carry out The operations for Quartz and silica.

2021

- Completed shifting The Diamond Wire mining tools manufacturing operations from Sri Lanka to Hyderabad, Telangana, India

- Established The first captive solar plant in Telangana

2023

- Established operations in Sri Lanka, through incorporation of The subsidiaries, Midwest Heavy Sands Private Limited and Trinco Mineral Sands Private Limited for mining of mineral sand

- The Material Subsidiary, Andhra Pradesh Granite (Midwest) Private Limited, was upgraded to a ‘Three Star Export House’ by the Ministry of Commerce, Government of India

2024

- Upgraded to a ‘Three Star Export House’ by the Ministry of Commerce, Government of India

2025

- Operationalization of Phase I of the Quartz Processing Plant.