Mid East Portfolio Management Ltd — Updates, 16-07-2025: Company Update

Mid East Portfolio Management Limited announced two significant board resignations effective July 15, 2025. Mrs. Jyoti Kishor Shah has stepped down from her roles as Promoter Director and Chief Financial Officer (CFO). Additionally, Mr. Sharad L. Kulkarni has resigned as a Non-Executive-Independent Director. Both individuals cited old age and health issues as the reasons for their departures. These changes will impact the company's executive leadership and board structure, requiring the company to appoint replacements for these key positions.