Mid East Portfolio Management Ltd — Updates, 15-07-2025: Company Update

Mid East Portfolio Management Limited has announced significant changes to its Board of Directors. The company has appointed Ms. Poonam Kishor Shah as an Executive Director and Chief Financial Officer, bringing her 16+ years of financial services expertise. Additionally, Ms. Rakhi Jayantilal Upadhyay and Mr. Sandipbhai Pravinbhai Patel have been appointed as Additional Independent Directors, adding experience in debt recovery and chartered accountancy, respectively. These appointments are subject to shareholder approval. Concurrently, Mrs. Jyoti K. Shah has resigned as Director and CFO, and Mr. Sharad L. Kulkarni has resigned as a Director due to age and health factors, leading to a refreshed leadership team.