Mid East Portfolio Management Ltd — Updates, 11-04-2025: Company Update
11-04-2025 · 02:02 pm
Availing the exemption under Regulation 15(2) of SEBI (LODR) Regulations, Mid East Portfolio Management Limited has confirmed that it is not required to comply with the Annual Secretarial Compliance Report (ASCR) and certain Corporate Governance regulations due to its paid-up equity share capital of ₹5.03 crores and net worth of ₹3.43 crores, both below the specified thresholds. This update clarifies the company's compliance requirements, potentially easing administrative burdens and focusing resources on operational priorities. Investors might view this development as a neutral impact, suggesting a stable compliance framework for the company moving forward.
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