StockWatch
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Other Financial Services
Board Meeting9 Jul 2026, 04:40 pm

Mid East Portfolio Management Ltd Amends MoA

AI Summary

Mid East Portfolio Management Ltd announced that its Board of Directors, in a meeting held on July 9, 2026, approved significant amendments to the company's Memorandum of Association (MoA). The alterations focus on expanding the company's business objectives to include a wide array of sectors such as agriculture, agri-tech, cosmetics, digital marketing, IT services, cold storage, portfolio management, consultancy, infrastructure development, and media. The company will also seek shareholder approval via postal ballot for these changes, appointing M/s. Ankur Gandhi & Associates as scrutinizers for the e-voting process. The board meeting commenced at 3:45 PM and concluded at 4:15 PM.

Key Highlights

  • Board approved amendments to the company's Memorandum of Association.
  • New objectives include agriculture, agri-tech, cosmetics, digital marketing, IT, and infrastructure.
  • Shareholder approval to be sought via postal ballot.
  • Appointment of M/s. Ankur Gandhi & Associates as scrutinizer for e-voting.