Mid East Portfolio Management Ltd — Updates, 07-06-2025: Company Update

Mid East Portfolio Management Limited has announced a board meeting on which it proposed revising the authorized share capital from ₹10 Cr (80 lakh equity shares and 2 lakh preference shares) to ₹27.05 Cr (2.5 crore equity shares and 2 lakh preference shares). The update corrects an earlier disclosure that misstated the existing capital structure due to a clerical error. This increase in authorized capital supports potential expansion or fundraising plans, enhancing the company's ability to issue more shares as needed.