Disclosure Context
Midwest Limited (Scrip Code: 544587, Symbol: MIDWESTLTD) submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Ltd. on October 07, 2026. The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nature of Event
The Company received a Prohibitory Order from the Director of Mines Safety, Hyderabad Region No. 3, Directorate General of Mines Safety (DGMS), Ministry of Labour & Employment, Government of India. The order was received on October 06, 2026, at 03:53 pm IST.
Order Details
The Prohibitory Order was issued under Section 38(1)(B)(c) and Section 38(1)(B)(d) of the Occupational Safety, Health and Working Conditions Code, 2020. It prohibits:
- Extraction of mineral (granite)
- Employment of persons at the Company's Midwest Granite Mine
The prohibition remains in effect until the danger is removed, except for individuals whose presence is required to remove the danger.
Location Affected
Midwest Granite Mine at Chimakurthy, Prakasam District, Andhra Pradesh.
Violation Details
The order was issued following a site inspection that cited the collapse of a side of the mine. Specific details include:
- Collapse occurred on the northern part of the mine
- Origin traced to the adjoining mine
- Failure had consequential impact on few benches within Midwest Limited's mine
- Resulted in stability issues and associated operational and safety concerns
- No injury or loss of life reported
Impact Assessment
Operational Impact: Extraction at the mine is suspended until the danger is removed.
Financial Impact: The Order does not impose any fine or penalty. Financial impact not quantified in the disclosure.