Mid East Portfolio Management Ltd

Dematerialisation status

• Dematerialisation requests confirmed to depositories and listed on exchanges where already listed.
• Physical certificates dematerialised mutilated and cancelled; depository name updated as registered owner within 15 days.

AGM details

• Date and mode: 29 September 2026, 11:00 AM via VC/OAVM.
• End time: 11:20 AM.
• Record date: 22 September 2026.
• Total shareholders on record: 3,711.
• Attendance via VC: promoters 4, public 19.
• 4 resolutions were passed at the meeting.

Key resolutions and outcomes

• Resolution 1 (Ordinary): Adopt Audited P&L and Balance Sheet; passed with majority (1,112,437 votes, 99.99% in favour).
• Resolution 2 (Ordinary): Re-appoint Brijesh Patel by rotation; passed with majority (1,112,400 in favour, 37 against).
• Resolution 3 (Ordinary): Appoint APS Associates as Statutory Auditors; remuneration fixed; passed (1,112,400 in favour, 37 against).
• Resolution 4 (Ordinary): Appoint P B Patel & Associates as Secretarial Auditors; remuneration fixed; passed (1,112,400 in favour, 37 against).

AGM Details

• Date: 29 September 2026; Time: 11:00 A.M.; Mode: Video conferencing/OAVM.

Key Resolutions

• Ordinary: Adopt Audited accounts and balance sheet for year ended 31 Mar 2026.
• Ordinary: Re-appoint director by rotation.
• Ordinary: Appoint APS Associates as Statutory Auditors; remuneration to be fixed.
• Ordinary: Appoint P B Patel & Associates as Secretarial Auditors.

Voting Results

• Resolution 1: Passed with requisite majority.
• Resolution 2: Passed with requisite majority.
• Resolution 3: Passed with requisite majority.
• Resolution 4: Passed with requisite majority.

Director Changes

• Re-appointment of Brijesh Devrajbhai Patel by rotation approved.

Auditor Appointments

• Statutory Auditors APS Associates appointed from this AGM to next AGM.
• Secretarial Auditors P B Patel & Associates appointed.

Mid East Portfolio Management Limited closes trading window from Oct 1, 2026 until expiry of 48 hours after the declaration of Unaudited Financial results of the company for the quarter ended Sept 30, 2026 are furnished/become generally available.

Financial performance

• Revenue from operations: Rs 125.00 lakh.
• Total income: Rs 158.07 lakh.
• Profit after tax: Rs 85.90 lakh.
• Basic EPS: Rs 0.17.
• Net cash from operating activities: Rs 173.51 lakh.
• Total assets: Rs 486.99 lakh; equity: Rs 449.78 lakh.
• Dividends declared: none.
• Turnover rose 208.4% YoY to Rs 158.07 lakh.

Capital structure & actions

• Issued equity capital: Rs 5.03 crore (5,030,000 shares).
• Authorized capital fixed at Rs 14 crore; 1.20 crore equity shares and 2 lakh pref shares; exchange approval pending.
• Convertible warrants approved: up to 60 lakh at Rs 25; on hold pending exchange approval.
• No debentures issued.

Shareholder & AGM details

• AGM: 35th on 29 Sep 2026 via VC/OAVM.
• Remote e-voting: 26–28 Sep 2026, 9:00–17:00.
• Record dates: AR mail by 29 Aug 2026; attendance on 22 Sep 2026.
• Dematerialisation: 83.37% of shares dematerialised; CDSL 3,042,694; NSDL 1,150,988.
• Notice and Integrated AR hosted on company website.
• AGM notices and AR accessible on BSE/CDSL platforms.

Board & governance changes

• Brijesh Patel appointed as Additional Non-Executive Director on 11 Apr 2025.
• Jyoti Shah resigned as promoter director & CFO on 15 Jul 2025.
• Sharad Kulkarni resigned as Independent Director on 15 Jul 2025.
• Kishor Shah re-appointed as Director on 30 Sep 2025.
• Poonam Shah appointed as Executive Director & CFO 15 Jul 2025–14 Jul 2028.
• Rakhi Upadhyay appointed Addl Independent Director 15 Jul 2025–14 Jul 2026.
• Sandipbhai Patel appointed Addl Independent Director 15 Jul 2025–14 Jul 2028.
• Shri Shrikant Nakhe re-appointed as Independent Director Oct 2025; resigned Mar 2026.
• Khushi Bhatt Independent Director 18 Feb 2025–17 Feb 2026; re-appointment pending.

Auditors & compliance

• Statutory auditors: M/s APS Associates appointed for five years (2026–2031).
• Secretarial auditors: M/s P B Patel & Associates for five years; remuneration as decided.
• Scrutinizer: Ankur Gandhi appointed for AGM process.
• Secretarial audit notes: discrepancy in board minutes date vs Form AOC-5; fine paid to BSE.

Internal controls & governance

• Independent auditor’s report: true and fair; going concern; internal controls adequate.
• Internal controls: adequate; external CA conducts internal audit; no material weaknesses found.
• Corporate governance: compliance certificate confirms Code of Conduct adherence.

Management discussion & risks

• Industry backdrop: Indian capital markets remained active in 2025-26.
• Opportunities include retail participation, digital platforms, SME segment growth.
• Threats include competition, regulatory changes, market volatility, talent retention.
• Forward-looking statements are not obligations to update.

AGM Details

• Date and time: 29 September 2026 at 11:00 a.m.
• Mode: VC/OAVM at the deemed office, Mumbai.
• Record date for sending the Annual Report: 29 August 2026.
• Record date to determine AGM eligibility: 22 September 2026.
• Book closure: 23 September to 29 September 2026.
• Remote e-voting: 26-28 September 2026, 9:00 AM to 5:00 PM.

Ordinary Business

• Adopt Audited financial statements and Directors' Report.
• Re-appoint Brijesh Devrajbhai Patel by rotation.
• Appoint M/s APS Associates as Statutory Auditors for five years.

Special Business

• Approve appointment of M/s P B Patel & Associates as Secretarial Auditors for five years.
• Remuneration terms for Secretarial Auditors to be decided by the Board.

Director Changes

• Director re-appointment by rotation: Brijesh Devrajbhai Patel.

Auditor Appointments

• Statutory Auditors: APS Associates appointed for five years.
• Secretarial Auditors: P B Patel & Associates appointed for five years.

Voting Status

• No voting results available; remote e-voting window is 26-28 September 2026.

Appointment of Secretarial Auditor

• Board approved appointing M/s P B Patel & Associates as Secretarial Auditor.
• Term: five years from FY 2026-27 to FY 2030-31, subject to AGM approval.
• Appointment complies with Companies Act 2013 and SEBI LODR; subject to shareholders' approval.

Auditor tenure and replacement

• Motilal & Associates LLP completed their one-year tenure as statutory auditors.
• They will not seek re-appointment after the 35th AGM in 2026.
• Appointed at the 34th AGM on 30 September 2025, tenure ends at the 35th AGM.
• Auditors cited other professional commitments as the reason for non-reappointment.
• Annexure A attached, per SEBI CIR/CFD/CMD1/114/2019 requirements, documenting completion.