Non-Applicability of Annual Secretarial Compliance Report (24A) for the year ended March 2026

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+10.2%1-day move

₹22.00

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₹23.51

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AI summary

Mid East Portfolio Management Ltd has informed BSE that it is claiming exemption from SEBI (LODR) regulations due to its small size. The company's paid-up equity capital is Rs. 5.03 crores and net worth is Rs. 4.99 crores as of December 31, 2025, both below the thresholds of Rs. 10 crores and Rs. 25 crores respectively. As a result, compliance with Annual Secretarial Compliance Report (Regulation 24A), Corporate Governance requirements (Regulation 27(2)), and several other SEBI regulations is not applicable to the company. A certificate from VKM & Associates, Practicing Company Secretary, has been enclosed to confirm this exemption.

Likely market impact

This is a routine regulatory compliance filing confirming the company's exemption status due to its small size. There is no direct impact on shareholders or stock price—this simply means the company has lighter disclosure and governance obligations than larger listed companies.