Mideast Portfolio Management Promoter Jyoti Kishor Shah Sells 0.45% Stake Through Open Market

Jyoti Kishor Shah, a promoter of Mideast Portfolio Management Ltd, sold 22,500 equity shares representing 0.45% of the company through open market transactions on September 12, 2025. The sale reduced Shah's shareholding from 7.65% to 7.20% in the company. Prior to the transaction, Shah held 384,715 shares, which decreased to 362,215 shares post-sale. The company has a total paid-up capital of Rs. 5.03 crore comprising 50.30 lakh shares of Rs. 10 each. Mideast Portfolio Management Ltd is listed on the Bombay Stock Exchange.

Mideast Portfolio Management Promoter Jyoti Kishor Shah Sells 0.80% Stake Through Open Market

Jyoti Kishor Shah, a promoter of Mideast Portfolio Management Ltd, sold 40,232 equity shares representing 0.80% of the company through open market transactions on September 09, 2025. The sale reduced Shah's shareholding from 8.45% to 7.65% in the Mumbai-based portfolio management company. Prior to the transaction, Shah held 424,947 shares, which decreased to 384,715 shares post-sale. The company's total equity share capital remains unchanged at 50,30,000 shares of Rs.10 each, with a paid-up capital of Rs. 5,03,00,000. Mideast Portfolio Management Ltd is listed on the Bombay Stock Exchange.

Mid East Portfolio Management Corrects Authorized Share Capital Increase Proposal to ₹27.05 Crore

Mid East Portfolio Management Limited updated its earlier announcement regarding an increase in authorized share capital. The company corrected a clerical oversight in its previous disclosure about the existing capital structure. The actual existing authorized share capital is ₹10 crore, comprising 80 lakh equity shares of ₹10 each and 2 lakh preference shares of ₹100 each. The company now proposes to increase its authorized share capital from ₹10 crore to ₹27.05 crore, comprising 2.50 crore equity shares of ₹10 each and 2 lakh preference shares of ₹100 each. The newly constituted Committee for Preferential Issue identified the error while reviewing the proposed capital structure.