Mid East Portfolio Management Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/08/2025 ,inter alia, to consider and approve 1. To adopt Directors ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Mid East Portfolio Management Ltd will meet on 28 August 2025 to approve the Directors Report for FY 2024-25 and notice for the 34th Annual General Meeting. It will also consider re-appointing Mr. Kishor A. Shah (retiring by rotation) and re-appointing Mr. Shrikant Govind Nakhe as Independent Director for a second term. Notably, the board plans to withdraw and cancel an earlier postal ballot resolution dated 10 July 2025 that proposed increasing the authorised capital from Rs. 10 crore to Rs. 27.05 crore. Other items include appointing a Statutory Auditor, fixing the book closure dates, and reviewing any auditor qualifications for FY 2024-25.
The cancellation of the authorised capital hike is a mild negative signal as it removes a potential fund-raising pathway, but overall this is a routine pre-AGM board meeting with standard governance items. Shareholders should watch the auditor appointment and any qualifications flagged in the FY 2024-25 audit report.