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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Mid East Portfolio Management Resubmits Q3FY26 Financial Results After Signatory Correction

2 min read     Updated on 19 Mar 2026, 03:20 PM
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Mid East Portfolio Management Limited resubmitted Q3FY26 financial results after correcting a signatory name error, reporting a net loss of ₹0.89 lacs for the quarter ended December 31, 2025, compared to a profit of ₹19.22 lacs in Q3FY25. Despite the quarterly loss, nine-month performance showed exceptional growth with net profit of ₹135.94 lacs versus ₹22.07 lacs in the previous year, driven by other operating income of ₹125.00 lacs. The Board approved these results on February 14, 2026, with the company maintaining its focus on lending finance operations.

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Mid East Portfolio Management Limited has resubmitted its unaudited financial results for the quarter ended December 31, 2025, following a correction in the signatory details. The company addressed a typographical error where the name was incorrectly mentioned as Mr. Samrat Arvind Bumb instead of the actual signatory, Mr. Brijesh Devrajbhai Patel, Director of the Company.

Financial Performance Overview

The company reported mixed quarterly results for Q3FY26, with a net loss contrasting significantly with the previous year's performance. The financial results show the impact of reduced income and varying expense patterns during the quarter.

Financial Metric Q3FY26 (Dec 31, 2025) Q3FY25 (Dec 31, 2024) Change
Total Income ₹3.82 lacs ₹21.44 lacs -82.18%
Total Expenditure ₹3.78 lacs ₹2.22 lacs +70.27%
Net Profit/(Loss) ₹(0.89) lacs ₹19.22 lacs Loss
Earnings Per Share (Basic) ₹(0.02) ₹0.38 Negative

Nine-Month Performance Shows Strong Growth

Despite the quarterly loss, the company's nine-month performance demonstrated remarkable improvement. The cumulative results for the nine months ended December 31, 2025, showed substantial growth across key metrics.

Nine-Month Metrics FY26 (Dec 31, 2025) FY25 (Dec 31, 2024) Growth
Total Income ₹153.51 lacs ₹28.44 lacs +439.73%
Net Profit ₹135.94 lacs ₹22.07 lacs +516.11%
Earnings Per Share (Basic) ₹2.70 ₹0.44 +513.64%

The significant improvement in nine-month performance was primarily driven by other operating income of ₹125.00 lacs during the period, which was absent in the corresponding previous year period.

Regulatory Compliance and Board Approval

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013. The results underwent limited review by the company's auditors, Motilal & Associates LLP, and received approval from the Audit Committee before being presented to the Board of Directors.

Corporate Details Information
Board Meeting Date February 14, 2026
Meeting Duration 11:00 AM to 11:30 AM
Authorized Signatory Mr. Brijesh Devrajbhai Patel (Director)
Paid-up Equity Capital ₹503.00 lacs
Face Value per Share ₹10

Business Operations and Outlook

Mid East Portfolio Management Limited operates primarily in the business of lending finance. According to the company's disclosure, there are no separate reportable segments as per Ind AS-108 Operating Segment standards due to the nature of its single-line business operations. The company maintains its registered office at Vishal Complex, Malad (West), Mumbai, and its shares are listed on BSE with 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%

What specific factors contributed to the ₹125 lacs in other operating income during the nine-month period, and is this sustainable for future quarters?

How will the company address the 82% decline in total income in Q3FY26 to prevent similar quarterly losses going forward?

What strategic initiatives is Mid East Portfolio Management planning to diversify beyond its single-line lending finance business?

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1 Year Returns:+36.07%