Intimation regarding resignation of Independent Director

CIN: L70100MH2004PLC149362 Date: September 2, 2026 Department of Corporate Services (DSC-CRD) Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 Subject: Outcome of Board Meeting held on Wednesday, September 2, 2026 pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Ref: BSE Scrip Code: 540402 Dear Sir/ Madam, With reference to the captioned subject and pursuant to Regulation 30 of the SEBI LODR Regulations, 2015 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company in their meeting held today, i.e., Wednesday, September 2, 2026, have inter alia, considered, recommended, and approved the following matters: 1. Approved the Director’s Report along with related annexures for the financial year 2025 – 2026. 2. Approved convening of the 22nd Annual General Meeting (“AGM”) of the Company for the financial year ended March 31st, 2026 on Monday, September 28, 2026 at 4:00 p.m. Indian Standard Time (IST) at the registered office of the Company. 3. Approved the Annual Report for Financial Year 2025-2026 and the Notice of the 22nd Annual General Meeting of the Company. 4. Approved the Cut-off date to record the entitlement of shareholders to cast the votes electronically as Monday, September 21, 2026 and fixed the E-voting period which shall commence from Friday, September 25, 2026 at 9:00 am. and will end on Sunday, September 27, 2026 at 5:00 p.m. 5. Approved the closure of Register of Members and Share Transfer Books of the Company from Tuesday, September 22, 2026 to Monday, September 28, 2026 (both days inclusive) for the purpose of AGM of the Company to be held on Monday, September 28, 2026. CIN: L70100MH2004PLC149362 6. Appointment of Mr. Hemant Shetye, Practicing Company Secretary, Designated Partner failing of which Mr. Kunal Sakpal, Practicing Company Secretary, Partner of HSPN & Associates LLP as a Scrutinizer for conducting the E- voting process at AGM in fair and transparent manner. 7. Pursuant to the recommendation of Nomination and Remuneration Committee and subject to Shareholders approval, appointment of Mr. Tushar R. Momaiyah (DIN: 08742170) as Non – Executive Independent Director (Additional) on the Board of the Company w.e.f. September 2, 2026 for the period of 5 (Five) years. Recommended the regularisation of Mr. Tushar R Momaiyah (DIN: 08742170) as Non- Executive Independent Director of the Company to the Shareholders in the ensuing Annual General Meeting of the Company. Disclosure of information pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 is enclosed as “Annexure A”. 8. Resignation of Mr. Shailesh Vora (DIN: 01381931) as Non – Executive Independent Director of the Company w.e.f. closure of business hours of September 2, 2026. Disclosure of Information pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 is enclosed as “Annexure B”. Letter of Resignation along with detailed reason for resignation is enclosed as “Annexure C”. 9. Approved reconstitution of the composition of Board of Directors, Audit Committee; Nomination and Remuneration Committee, Stakeholder Relationship Committee and Corporate Social Responsibility (CSR) Committee w.e.f. September 2, 2026. The details of reconstitution are provided in “Annexure D” enclosed to this outcome / intimation. Board meeting’s commencement time: 04.30 PM Board meeting’s concluded time: 07.00 PM Kindly take the same on your record and acknowledge receipt of the same. Thanking you. FOR MANAS PROPERTIES LIMITED Dev Vijay Thakkar Managing Director & Chief Executive Officer DIN: 07698270 CIN: L70100MH2004PLC149362 Annexure A Disclosure of Information pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 Name of the Director Mr. Tushar R Momaiyah (DIN: 08742170) Reason for change viz. appointment, Appointment as Non-Executive Independent Director resignation, removal, death or (Additional) otherwise. Date of appointment/cessation (as Date of Appointment: September 2, 2026 applicable) and term of appointment Term of appointment: Mr. Tushar R Momaiyah will be regularised as Non-Executive Independent Director of the Company for a term of 5 years at the ensuing Annual General Meeting of the Company, subject to the approval of Shareholders. Brief Profile Mr. Tushar Momaiyah (DIN: 08742170) is an advocate B.Com., LL.B., Mumbai University, Practiced on Original as well as Appellate Side of Bombay High Court at Bombay. Also appeared in the Supreme Court, he has handled almost all types of Civil Criminal and Constitutional cases including Service matters and Election petitions, Municipal Corporations, Financial Institutions, Corporate Houses and Multinational Firms as well. He appeared in several important matters and also in Public Interest Litigations and Practiced at City Civil Small causes Court Quila Court Thane court Bandra court Dindoshi Court Associated with Ram & Co and K-1 one legal Pvt ltd and have been associated in Salman Khan case of hit and run and fight for Chief justice of India Justice Dipak Mishra. He is also actively associated with Legal Aid Movement. Disclosure of Relationship with other None Directors and Key Managerial Personnel of the Company Confirmation in compliance with SEBI We hereby confirm that Mr. Tushar R Momaiyah is not Letter dated June 14, 2018 read along debarred from holding the office of Director by any with Exchange Circular dated June 20, SEBI order or any other such authority. CIN: L70100MH2004PLC149362 2018 (Affirmation that the person proposed to be appointed as Director is not debarred from holding the office by virtue of any SEBI Order or any other authority) Affirmation that the Director being We hereby confirm that Mr. Tushar R Momaiyah is not appointed is not disqualified from disqualified from holding the office of director pursuant holding the office of director pursuant to provisions of Section 164 of the Companies Act, to provisions of Section 164 of the 2013. Companies Act, 2013 CIN: L70100MH2004PLC149362 Annexure B Disclosure of Information pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 Name of the Director Mr. Shailesh Kumar Madanlal Vora (DIN: 01381931) Reason for change viz. appointment, resignation, Resignation of Mr. Shailesh Kumar Madanlal removal, death or otherwise. Vora (DIN: 01381931) as Non-Executive Independent Director due to pre-occupation with other personal commitments and my inability to devote sufficient time to the affairs of the Company. Date of appointment/cessation (as applicable) and September 2, 2026 term of appointment Brief Profile Not Applicable Disclosure of Relationship with other Directors Not Applicable and Key Managerial Personnel of the Company Additional Information in case of resignation of an Independent Director Letter of Resignation along with detailed reason Enclosed as Annexure C for resignation Names of listed entities in which the resigning director holds directorship, indicating the category of directorship and membership of board Not Applicable committees, if any The Independent Director shall along with the Mr. Shailesh Kumar Madanlal Vora has detailed reasons, also provide a confirmation that confirmed that there is no material reasons for there is no other material reasons other than those her resignation other than those mentioned in the provided resignation letter. CIN: L70100MH2004PLC149362 Annexure D Details of Composition/Reconstitution of the Board and Committees: [Showing first 8,000 characters — download PDF for full document]