Mid East Portfolio Management Limited Receives SEBI Compliance Exemption for FY2026

1 min read     Updated on 07 Apr 2026, 07:10 PM
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Mid East Portfolio Management Limited has received exemption from Annual Secretarial Compliance Report and Corporate Governance regulations under SEBI (LODR) Regulations, 2015, due to its small capital structure. With paid-up equity capital of Rs. 5.03 crores and net worth of Rs. 4.99 crores as on December 31, 2025, the company qualifies for exemption under Regulation 15(2). VKM & Associates has certified the non-applicability of multiple compliance requirements for the year ended March 31, 2026.

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Mid East Portfolio Management Limited has secured exemption from key regulatory compliance requirements under SEBI (LODR) Regulations, 2015, based on its small capital structure. The company informed BSE Limited on April 7, 2026, about availing exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015.

Financial Position Qualifies for Exemption

The company meets the criteria for exemption with its financial parameters falling well below the prescribed regulatory thresholds. As on December 31, 2025, the company's financial position demonstrates its eligibility for regulatory relief.

Parameter: Amount (Rs. Crores) Regulatory Threshold
Paid-up Equity Share Capital: 5.03 Below 10.00
Net Worth: 4.99 Below 25.00
Reserves: (0.03) -

Compliance Requirements Exempted

Due to its small size, Mid East Portfolio Management Limited is exempt from several regulatory compliance requirements. The exemption covers multiple aspects of corporate governance and reporting obligations under SEBI regulations.

The following compliance requirements are not applicable to the company:

  • Annual Secretarial Compliance Report under Regulation 24A
  • Corporate Governance under Regulation 27(2)
  • Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27
  • Clauses (b) to (i) of sub-regulation (2) of Regulation 46
  • Para C, D and E of Schedule V

Professional Certification

VKM & Associates, Practicing Company Secretaries, has provided the certificate of non-applicability for the year ended March 31, 2026. The certification was issued by Vijay Kumar Mishra, Partner (C.P.No.4279), confirming that the company's paid-up share capital of Rs. 5.03 crores and net worth of Rs. 4.99 crores qualify for exemption under SEBI Circular No. CIR/CFD/POLICY CELL/7/2014 dated September 15, 2014.

Company Leadership

The exemption notification was signed by Kishor Amichand Shah, Managing Director (DIN: 00015575), on behalf of Mid East Portfolio Management Limited. The company maintains its registered office at Vishal Complex, Narsing Lane, Off. S.V. Road Malad (W), Mumbai, Maharashtra.

This regulatory exemption allows the company to operate with reduced compliance burden while maintaining its listing status on BSE Limited under scrip code 526251.

Historical Stock Returns for Mid East Portfolio Management

1 Day5 Days1 Month6 Months1 Year5 Years
+9.79%+28.92%+20.97%+6.52%+36.07%+734.75%

Will Mid East Portfolio Management pursue growth strategies that could push them above the exemption thresholds in the coming years?

How might the reduced compliance burden impact the company's operational costs and profitability going forward?

Could this exemption status affect investor confidence or institutional investment interest in the company?

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Mideast Portfolio Management Files SEBI Depositories Compliance Certificate

1 min read     Updated on 07 Apr 2026, 06:33 PM
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Mideast Portfolio Management Ltd submitted its mandatory compliance certificate to BSE under SEBI Depositories Regulation 74(5) for the quarter ended March 31, 2026. The filing confirms proper handling of dematerialization processes, with registrar Adroit Corporate Services verifying that securities were appropriately processed, certificates mutilated and cancelled, and depository names updated in member registers within regulatory timeframes.

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Mideast Portfolio Management Ltd has submitted its compliance certificate to BSE Limited under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, confirming proper handling of dematerialization processes for the quarter ended March 31, 2026.

Regulatory Filing Details

The company filed the certificate dated April 6, 2026, with the Corporate Relationship Department of BSE Limited. This mandatory disclosure confirms compliance with depositories regulations governing the dematerialization of securities and participant obligations.

Parameter: Details
Filing Date: April 6, 2026
Compliance Period: Quarter ended March 31, 2026
Regulation: SEBI Depositories Regulation 74(5)
Scrip Code: 526251
Exchange: BSE Limited

Dematerialization Process Confirmation

The certificate confirms that securities received from depository participants for dematerialization during the quarter were properly processed. Adroit Corporate Services Pvt. Ltd., serving as the company's Registrar and Transfer Agent, verified that all securities were confirmed to depositories and listed on appropriate stock exchanges.

Service Aspect: Confirmation Status
Securities Processing: Accepted/Rejected to Depositories
Exchange Listing: Confirmed on Stock Exchanges
Certificate Handling: Mutilated and Cancelled
Register Updates: Completed within 15 days
Depository Substitution: Names Updated in Member Register

Registrar and Transfer Agent Role

Adroit Corporate Services Pvt. Ltd. provided the confirmation certificate dated April 1, 2026, detailing compliance with dematerialization procedures. The registrar confirmed that security certificates received for dematerialization were properly mutilated and cancelled after verification, with depository names substituted in the register of members within the prescribed 15-day timeframe.

Management Authorization

The filing was authorized by Kishor Amichand Shah, Managing Director with DIN 00015575, ensuring proper corporate governance in regulatory compliance matters. This submission maintains the company's adherence to SEBI's depositories regulations and demonstrates effective coordination with its registered transfer agent for investor servicing.

Historical Stock Returns for Mid East Portfolio Management

1 Day5 Days1 Month6 Months1 Year5 Years
+9.79%+28.92%+20.97%+6.52%+36.07%+734.75%

Will SEBI introduce stricter dematerialization compliance requirements for portfolio management companies in 2026?

How might increased regulatory scrutiny on depositories affect Mideast Portfolio Management's operational costs?

Could Adroit Corporate Services' role as registrar expand to include additional compliance services for portfolio managers?

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1 Year Returns:+36.07%