Jyoti Kishor Shah, part of the promoter group, sold 45,000 shares in Mid East Portfolio Management via open market. This sale reduces their stake to 0.68%, impacting promoter holding visibility for investors.

Mid East Portfolio Management Ltd. Promoter Sells Shares

Jyoti Kishor Shah (Promoter Group) sold 45,000 shares of Mid East Portfolio Management Ltd on June 18, 2026, through an open market sale. This transaction represents 0.89% of the company's total equity.

Reader Takeaway: Promoter stake reduced; no impact on company finances.

What just happened

A member of the promoter group, Jyoti Kishor Shah, has sold 45,000 equity shares of Mid East Portfolio Management Ltd. The sale was conducted on the open market on June 18, 2026.

Why this matters

This filing is a disclosure under SEBI (SAST) Regulations, 2011, informing investors about a change in promoter shareholding. It shows a decrease in the promoter's direct stake in the company, which can be an indicator of their confidence or need for liquidity. The total equity capital of the company is 5,030,000 shares, valued at ₹5.03 crore.

The backstory

Before this transaction, Jyoti Kishor Shah held 79,396 shares, representing 1.58% of the total equity. Following the sale of 45,000 shares, their holding has reduced to 34,396 shares.

What changes now

The promoter group's overall stake in Mid East Portfolio Management Ltd. has decreased. The post-transaction shareholding for Jyoti Kishor Shah is now 34,396 shares, which is 0.68% of the company's total equity.

Risks to watch

While this is an open market sale and does not directly affect the company's operations or capital structure, significant drops in promoter holding can sometimes be viewed negatively by the market, potentially impacting investor sentiment.

Peer comparison

Information on promoter stake changes for comparable companies in the financial services sector is not provided in this filing.

Context metrics (time-bound)

• Transaction Date: June 18, 2026
• Shares Sold: 45,000
• Pre-Transaction Holding: 1.58%
• Post-Transaction Holding: 0.68%