
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.
Price Impact
More from MIDEASTP