StockWatch
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Other Financial Services
Shareholding22 Jun 2026, 04:24 pm

Kishor Shah Sells 1.99% Stake in Mideast Portfolio Management

AI Summary

Kishor Amichand Shah, identified as part of the Promoter/Promoter group, has sold 100,000 equity shares, representing 1.99% of the total share capital, in Mideast Portfolio Management Ltd. The sale was conducted through the open market. Following this transaction, Shah's shareholding in the company has reduced from 4.59% to 2.61%. The total equity share capital of the company remains unchanged at 50,30,000 shares of Rs. 10/- each.

Key Highlights

  • Promoter Kishor Shah sold 1.99% stake in Mideast Portfolio Management.
  • Sale of 100,000 equity shares executed via open market.
  • Shah's holding reduced from 4.59% to 2.61%.
  • Transaction falls under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.