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midwest gold ltd
Corporate Profile
Midwest Gold Limited was originally incorporated as a Limited Company under the name and style of M/s. Nova Granites (India) Limited on 20th day of November, 1990 in the State of Karnataka.
The Company was incorporated as 100 % EOU with an object of processing of Granite Blocks including mining and processing of all other types of minerals. Company had commenced its commercial operations in the year 1990. In order to meet the financial needs to expand the existing business and to add few more products the Company went to public issue in the year 1994-95 and raised capital from public. In view of encouraging liberalized mining permissions to excavate Gold as taken by the Central Government to boost up the industry and economic conditions prevailing in the Country, Board had decided to diversify, inter-alia, into Gold mining and other related activities in the year 2010 without leaving its original business activities.
Since then the Company has diversified into Gold Mining and related business, which was booming in India and in view of the same the Company had changed its name to M/s. Midwest Gold Limited in December, 2010. The timely decision of the Company to diversify into Gold mining business expected to be start yielding results in the very near future.
Currently the Equity Shares of Company are listed at Bombay Stock Exchange Limited (BSE), Mumbai.
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