Promoter Kishor Amichand Shah has sold 120,113 shares, reducing his stake in Mid East Portfolio Management Ltd from 2.61% to 0.22%. This open market transaction occurred on June 25, 2026.
Mid East Portfolio Management Ltd: Promoter Divests Majority Stake
Promoter Kishor Amichand Shah has divested 120,113 shares of Mid East Portfolio Management Ltd. His stake has reduced from 2.61% to 0.22%. ## What just happened Promoter Kishor Amichand Shah sold 120,113 equity shares in Mid East Portfolio Management Ltd via an open market transaction on June 25, 2026. This significantly reduces his holding in the company. ## Why this matters Changes in promoter shareholding are crucial for investors to monitor. While this sale might be for personal reasons, it marks a substantial exit from the promoter's position, reducing their direct stake from 2.61% to 0.22%. ## The backstory Kishor Amichand Shah previously held 131,113 shares, representing 2.61% of the company's total paid-up capital of ₹5.03 crore (50,30,000 shares). Following the sale of 120,113 shares, his holding has decreased to 11,000 shares. ## What changes now The promoter's direct equity stake in Mid East Portfolio Management Ltd has been drastically reduced. Investors should watch for any further disclosures or changes in the company's shareholding patterns and governance. ## Risks to watch Significant reduction in promoter holding could signal a change in commitment or future strategy, which investors should carefully observe. ## Peer comparison Information not available in the filing. ## Context metrics (time-bound) - Shares Sold: 120,113 shares on June 25, 2026. - Pre-transaction Holding: 131,113 shares (2.61%). - Post-transaction Holding: 11,000 shares (0.22%).
