Mid East Portfolio appoints APS Associates as statutory auditor

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Mid East Portfolio Management appointed APS Associates as statutory auditor on September 2, 2026
  • The new firm replaces Motilal & Associates LLP upon completion of their tenure
  • APS Associates will serve until the conclusion of the next Annual General Meeting
  • The appointment complies with Regulation 30 of SEBI LODR Regulations 2015
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Mid East Portfolio Management appointed APS Associates as its statutory auditor on September 2, 2026. The firm replaces Motilal & Associates LLP, which completed its tenure with the company.

The appointment was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. APS Associates will hold office until the conclusion of the ensuing Annual General Meeting.

Auditor Details

Detail Information
Firm Name APS Associates
FRN 306015E
Appointment Date September 2, 2026
Predecessor Motilal & Associates LLP

APS Associates is a Kolkata-based chartered accountancy firm established in 1980. The firm provides services in finance, taxation, corporate laws, and statutory audits. It is empanelled with the Comptroller and Auditor General and the Reserve Bank of India.

Historical Stock Returns for Mid East Portfolio Management

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.41%-13.65%+97.82%+41.04%0.0%

What specific audit findings or financial adjustments might APS Associates uncover in their first review compared to Motilal & Associates LLP?

How might this change in statutory auditor influence Mid East Portfolio Management's compliance strategy under SEBI regulations?

Does the appointment of a Kolkata-based firm like APS Associates signal any strategic shift in the company's operational or cost-efficiency focus?

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Mid East Portfolio accepts resignation of VKM & Associates as secretarial auditor

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Mid East Portfolio Management accepted the resignation of secretarial auditor VKM & Associates
  • The resignation is effective from August 31, 2026
  • VKM cited pre-occupation with other professional assignments as the reason
  • The firm confirmed no material disagreements with management
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Mid East Portfolio Management accepted the resignation of VKM & Associates as its secretarial auditor effective August 31, 2026.

The company disclosed the development in a filing with the Bombay Stock Exchange, citing Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

VKM & Associates tendered their resignation on account of pre-occupation with other professional assignments. The firm confirmed that there were no material reasons or professional disagreements with the management regarding the departure.

The Board of Directors has taken note of the resignation. The company stated it will make necessary filings with the Registrar of Companies and other statutory authorities under the Companies Act, 2013.

Vijay Kumar Mishra, a partner at VKM & Associates, signed the resignation letter dated August 31, 2026. The firm thanked the board and management for cooperation during their tenure.

Historical Stock Returns for Mid East Portfolio Management

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.41%-13.65%+97.82%+41.04%0.0%

How quickly will Mid East Portfolio Management appoint a new secretarial auditor to ensure compliance with SEBI regulations?

Could the departure of VKM & Associates signal upcoming changes in corporate governance or internal audit processes for the company?

Will the transition period impact the company's ability to meet upcoming statutory filing deadlines with the Registrar of Companies?

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1 Year Returns:+41.04%