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Management change

Midwest Rana Som appointed

Midwest (BSE: MIDWESTLTD) said Rana Som has been appointed. The company is valued at about ₹3,361 crore.

BCEIE News Desk · Published 29 Sept 2026, 07:25 pm IST · Filing received 29 Sept 2026, 07:10 pm IST

What happened

Midwest (BSE: MIDWESTLTD) informed the stock exchanges on 29 September 2026 at 07:10 PM that Rana Som has been appointed.

From the filing: "To appoint Secretarial Auditor of the Company."

Company snapshot

Midwest is a small-cap company, with a market value of about ₹3,361 crore.

The stock last traded at ₹929.5, against a 52-week range of ₹925.8–₹1,859.9 (50.0% below the high).

Before this filing the shares had moved −16.6% over the month and −25.7% over three months. Average daily turnover over the last 20 sessions was about ₹3.05 crore.

Promoters held 77.12% at the end of Q1 FY27; 1.39% of promoter shares were pledged. Foreign institutions owned 3.88% and domestic institutions 14.56%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY2615927.88.19
Q3 FY2612918.34.87
Q4 FY2621635.610.24
Q1 FY2719229.48.58

What history shows

BCEIE's records show 2 previous management change filings from the company since May 2026.

After those filings, the stock fell 0.7% on average the next trading day and was up 2.4% on average after five days (2 filings with price data).

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
12 Aug 2026Change in Auditors of the company.+1.2%+3.7%
26 May 2026Appointment of Company Secretary and Compliance Officer−2.6%+1.0%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.