StockWatch
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Other Financial Services
Management Change8 Aug 2026, 06:10 pm

Mid East Portfolio Management Director Resigns

AI Summary

Mr. Samrat Arvind Bumb has resigned from his position as Non-Executive Non-Independent Director at Mid East Portfolio Management Ltd. The resignation is effective from the close of business hours on August 7, 2026. The stated reason for his departure is increased professional responsibilities and commitments. The Board of Directors has expressed appreciation for his contributions. Mr. Bumb confirmed there are no other material reasons for his resignation beyond those stated.

Key Highlights

  • Director Samrat Arvind Bumb resigns from Mid East Portfolio Management.
  • Resignation effective August 7, 2026, due to professional commitments.
  • Board acknowledges director's valuable contributions.
  • No other material reasons cited for the resignation.