Mid East Portfolio Management Limited has submitted a regulatory disclosure to BSE Limited regarding the resignation of Mr. Samrat Arvind Bumb (DIN: 07262971) from his position as Non-Executive Non-Independent Director of the company.
The resignation is effective from the close of business hours on 7th August 2026. The reason provided for resignation is increased professional responsibilities and commitments that make it difficult for Mr. Bumb to dedicate sufficient time and attention to his director duties.
The company has confirmed that there are no other material reasons for the resignation beyond what is stated in his resignation letter. The Board of Directors expressed appreciation for Mr. Bumb's valuable contributions and support during his tenure.
Regulatory Compliance Details
The disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July 2023.
Director Profile Information
- DIN: 07262971
- Date of Cessation: 7th August 2026 (close of business hours)
- Other Directorships: Mr. Bumb holds no directorships in any other listed entities
- Relationships between directors: Not applicable for resignation case
The resignation letter from Mr. Bumb was enclosed as Annexure I, and the detailed regulatory disclosure form was provided as Annexure II. The communication was signed by Mr. Brijesh Devrajbhai Patel (DIN: 02425903), Director of the company.