Mid East Portfolio Management Ltd. has disclosed the completion of tenure and non-reappointment of its statutory auditor, M/s. Motilal & Associates LLP, Chartered Accountants.

The auditor was originally appointed by the members of the company at the 34th Annual General Meeting held on 30th September 2025 to hold office for a period of one year, i.e., until the conclusion of the 35th Annual General Meeting of the company.

The tenure of M/s. Motilal & Associates LLP as statutory auditors shall accordingly come to an end upon conclusion of the 35th Annual General Meeting. The statutory auditors have informed the company that, upon completion of their tenure, they do not intend to seek re-appointment as statutory auditors due to their other professional commitments.

The company has received a letter from the statutory auditors confirming the completion of their tenure and their decision not to seek re-appointment. The disclosure includes Annexure A received from the statutory auditors in accordance with the requirements of SEBI Circular No. CIR/CFD/CMD1/114/2019 dated 18th October, 2019.

Details from Auditor's Letter and Annexure A:

  • Auditor Details: M/s. Motilal & Associates LLP, Chartered Accountants (Firm Registration No. 106584W/W100751)
  • Auditor Address: 2nd Floor, Senior Estate, 7/C Parsi Panchayat Road, Andheri East-400069
  • Contact: Phone +91 91679 66660, Email: Motilalassociates@gmail.com
  • Appointment Date: 30th September 2025
  • Scheduled Term End: 30th September 2026 (upon conclusion of 35th AGM)
  • Latest Audit Reports:
  • Audit report for financial year ended 31st March 2026 issued on 30th May 2026
  • Limited review report for quarter ended 30th June 2026 issued on 11th August 2026
  • Reason for Non-Reappointment: Due to other commitments pertaining to professional work
  • Management Cooperation: The auditor thanked management for cooperation extended during their tenure
  • Regulatory Compliance: Disclosure made pursuant to SEBI Circular CIR/CFD/CMD1/114/2019
  • No Disputes: The auditor confirmed no other material reasons for non-reappointment and no issues with obtaining sufficient audit evidence (all fields in Section 6 of Annexure A marked "NA")

The disclosure is submitted for information and records of BSE Limited. The letter is signed by Brijesh Devrajbhai Patel, Director (DIN: 02425903) on behalf of Mid East Portfolio Management Ltd.