StockWatch
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Diversified Commercial Services
AGM/EGM2 Jul 2026, 01:16 pm

Majestic Auto Ltd Schedules 53rd AGM for August 17, 2026

AI Summary

Majestic Auto Ltd has announced its 53rd Annual General Meeting (AGM) for the financial year 2025-26, scheduled to be held on Monday, August 17, 2026, via Video Conferencing/Other Audio-Visual Means (VC/OAVM). The company has also made its Notice of AGM and the Annual Report for FY 2025-26 available on its website. Key dates include the cut-off date for voting rights on August 10, 2026, with remote e-voting commencing on August 14 and concluding on August 16, 2026. The Chairman's message highlights the company's strategic divestment of real estate assets, debt reduction, and diversification of investments into various financial instruments to temper volatility and enhance shareholder returns.

Key Highlights

  • 53rd AGM scheduled for August 17, 2026, via VC/OAVM.
  • Annual Report and AGM Notice available on the company website.
  • Remote e-voting period: August 14-16, 2026.
  • Company divested real estate assets and reduced debt.
  • Diversified investments to reduce concentration risk.