MAJESTIC AUTO LTD.-$

Majestic Auto Ltd held its 53rd Annual General Meeting (AGM) on August 17, 2026, via video conferencing. The meeting successfully passed three resolutions, including the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, along with the Board of Directors' and Auditors' reports. Voting results indicated strong support, with 100% of votes polled in favour of the resolutions. The meeting was attended by 2 promoters and 115 public shareholders through video conferencing.

Majestic Auto Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results along with the Limited Review Report. The company has complied with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were prepared in accordance with Indian Accounting Standard 34, Interim Financial Reporting.

Majestic Auto Ltd announced that its Board of Directors, in a meeting held on August 11, 2026, approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The company also submitted the Limited Review Report along with these results. The board meeting commenced at 12:39 PM and concluded at 3:25 PM. The financial results were prepared in accordance with Indian Accounting Standard 34 and comply with SEBI Listing Regulations.

Majestic Auto Ltd has announced that its Board of Directors has approved and recommended a final dividend of ₹25 per equity share for the Financial Year 2025-26. This declaration is subject to shareholder approval at the upcoming 53rd Annual General Meeting (AGM) scheduled for August 17, 2026. The record date for determining dividend eligibility is August 10, 2026, with payment expected on or before September 16, 2026. The company also reminded shareholders about the taxability of dividends and the requirement to submit necessary tax exemption documents by August 16, 2026, to avoid Tax Deducted at Source (TDS). Shareholders holding physical securities are urged to update their PAN, KYC, and bank details to ensure uninterrupted dividend credit.

Majestic Auto Ltd has announced a board meeting scheduled for August 11, 2026. The primary agenda is to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. A limited review report will also be presented. The trading window for the company's securities will remain closed until 48 hours after the declaration of these financial results, as per SEBI regulations. Further details are available on the company's investor relations website.

Majestic Auto Limited has received approval from the Hon'ble Supreme Court of India to implement the Resolution Plan of Sharan Hospitality Private Limited (SHPL). The Supreme Court's order dated July 17, 2026, allows the implementation of SHPL's Resolution Plan as per the Consent and Dispute Settlement Agreement dated July 15, 2026, between Majestic Auto and Assets Care & Reconstruction Enterprise Limited (ARC). This fulfills the condition of obtaining Supreme Court orders, enabling Majestic Auto to proceed with the payment of the Resolution Plan Amount and Additional Interest Amount, and execute related transaction documents.

Majestic Auto Ltd has executed a Consent and Dispute Settlement Agreement with Assets Care & Reconstruction Enterprise Limited (ARC) on July 15, 2026. This agreement settles disputes related to the Resolution Plan of Sharan Hospitality Private Limited (SHPL) and allows for its implementation. The company has also entered into inter-related transaction documents for financing the resolution plan. The implementation involves a payment of ₹81.84 crore towards the Resolution Plan Amount and ₹23.59 crore towards the Additional Interest Amount, subject to Supreme Court orders. This settlement is a crucial step towards proceeding with the resolution process of SHPL.

Majestic Auto Ltd has issued a letter to shareholders holding shares in physical mode, in compliance with SEBI regulations. The letter mandates the submission of PAN, KYC, and Bank Account details for updation with the Registrar and Transfer Agent (RTA), Alankit Assignments Limited. Shareholders failing to comply will be restricted from lodging grievances or availing services, and payments like dividends will only be processed electronically from April 1, 2024. The company also strongly advises dematerialization of shares. Shareholders are requested to submit updated details via post or electronic mode.

Majestic Auto Limited has dispatched physical letters to shareholders whose email addresses are not registered, providing a web link to access the Annual Report for FY 2025-26 and the Notice for the 53rd Annual General Meeting (AGM). The AGM is scheduled for August 17, 2026, via Video Conference. Shareholders are also reminded to update KYC details for dividend payments, especially for those holding shares in physical form, to ensure timely credit.

Majestic Auto Ltd has announced its 53rd Annual General Meeting (AGM) will be held on Monday, August 17, 2026, through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The notice and the Annual Report for the financial year 2025-26 are being sent to shareholders electronically. The company's market capitalization was ₹289.98 Cr as of March 31, 2026. The Chairman's message highlights the successful divestment of two real estate assets, debt reduction, and diversification of investments into various financial instruments to mitigate concentration risk and volatility. The company aims to utilize borrowed funds for enhancing returns on commercial real estate assets and exploring higher-yield opportunities.