Mid East Portfolio Management Ltd — Important, 26-08-2025: Company Update

The company has announced a revised board meeting to ensure all directors' presence. Key agenda items include adopting the annual Directors' Report, considering director re-appointments, and appointing a Statutory Auditor. Importantly, the board will discuss withdrawing a prior resolution to increase authorized capital from Rs 10 Cr to Rs 27.05 Cr (involving a change from 80 lakh to 2.505 Cr equity shares and 2 lakh preference shares). They will then consider a new proposal for authorized capital increase and explore various fund-raising options like a public, rights, debt, or preferential issue. This signals a potential shift in financing strategy.