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.

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.

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.

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.

Mideast Portfolio Management Ltd has disclosed another stake reduction by promoter group member Jyoti Kishor Shah, who sold 50,000 equity shares representing 0.99% of the company's total share capital through open market transactions on March 05, 2026. The disclosure was made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 29(2).

Latest Transaction Details

The recent share sale represents Shah's continued reduction in shareholding following previous transactions. The latest disposal further decreased his stake in the portfolio management company through open market sales.

Regulatory Compliance Framework

Shah submitted the mandatory disclosure to the Bombay Stock Exchange and the company, fulfilling regulatory requirements for substantial shareholding changes. The formal communication included complete transaction details and was signed by Shah in his capacity as promoter group member.

Company Capital Structure

Mideast Portfolio Management Ltd maintains a stable capital structure with no changes resulting from this promoter group transaction. The company's equity base remains unchanged following the open market sale.

Disclosure Requirements

The transaction complies with SEBI regulations governing substantial acquisitions and takeovers. Shah, identified as a promoter group member and person acting in concert (PAC), fulfilled all disclosure requirements under Regulation 29(2). The disclosure included comprehensive details about voting rights, encumbrances, and convertible securities, with all categories showing nil values except for the equity shares sold. The formal submission ensures complete transparency in the transaction, with no encumbrances, special voting rights, or convertible securities involved in the sale.