Mid East Portfolio Management Limited has responded to a BSE query regarding significant movement in its share price, providing clarification on the volatility observed in its stock trading.

Exchange Query Response

The company issued its response on April 8, 2026, addressing BSE's email reference No. L/SURV/ONL/PV/SJ/2026-2027/3510 dated April 7, 2026. The exchange had sought clarification on the notable price movement in the company's shares.

Company's Position on Price Movement

Mid East Portfolio Management Limited confirmed that it has maintained full compliance with all exchange provisions and regulations, with no violations of any rules. The company emphasized that its shares are freely tradeable and that it exercises no control over share price movements.

The management attributed the price volatility to natural market forces of supply and demand, which remain beyond the company's direct influence or control. This standard market mechanism explanation is commonly cited when companies face queries about unusual trading activity.

Corporate Governance Commitment

Managing Director Kishor Amichand Shah reaffirmed the company's dedication to several key principles:

• Providing latest and relevant information to stakeholders
• Maintaining compliance with all exchange regulations
• Upholding transparency in operations
• Ensuring good corporate governance practices
• Creating long-term value for investors

The company emphasized that transparency and good corporate governance remain crucial elements in maintaining trust and confidence among shareholders and stakeholders. The management expressed its continued commitment to achieving business objectives while adhering to regulatory requirements.

Market Context

The clarification follows standard exchange procedures when significant price movements occur in listed securities. BSE regularly seeks explanations from companies experiencing unusual trading activity to ensure market transparency and protect investor interests. Such queries are routine regulatory measures designed to maintain market integrity and provide clarity to the investing public.

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.

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.