Memorandum of Understanding/Agreements

Date : 23rd September 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 532357 - EQ Symbol: MUKTAARTS – EQ Kind Attn: Corporate Relations Department Dear Sir/Madam, SUB: INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 In continuation to our disclosure dated 12th August, 2026 and Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby inform that Shareholders Agreement and Securities Subscription Agreement has been executed between the Company, Mukta A2 Cinemas Private Limited, (a Subsidiary Company (“Mukta A2”), Mr. Rajiv Malhotra and Mr. Sunil Shamrao Patil, being Investor in Mukta A2 on 23rd September, 2026. The requisite details, as per Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, is attached with this intimation as Annexure-A. Kindly take the above information on your records Yours faithfully, For Mukta Arts Limited Pratiksha Panchal Company Secretary & Compliance Officer Encl: a/a Annexure-A 1 Details of the counterparties (including Mukta A2 Cinemas Private Limited (“Mukta A2”) is a name and relationship with the listed entity) Subsidiary Company. Mr. Rajiv Malhotra, Shareholder of Mukta A2 Mr. Sunil Shamrao Patil (“Investor”) being Investor in Mukta A2 is not related with the Company. 2 Purpose of entering into the Agreement To bring investment in Mukta A2, the Company and Mr. Rajiv Malhotra being the Shareholders of Mukta A2 entered into the Securities Subscription Agreement and Shareholders Agreement wherein the Investor agrees to invest for an amount upto Rs. 10 crores. 3 Shareholding, if any, in the entity with whom Currently, the Company holds 70% and Mr. Rajiv Malhotra the agreement is executed holds 30% stake in Mukta A2. 4 Significant terms of the agreement (in brief) The investor has expressed his willingness to invest by himself or through its affiliates in Mukta A2 for an amount upto Rs. 10 crores against which Mukta A2 will issue equity shares and Compulsorily Convertible Debentures (“Securities”) to the investor or any of its affiliates as may be agreed. The closing of the transactions under the Securities Subscription Agreement are subject to satisfaction of certain conditions precedents 5 Extent and the nature of impact on Post execution of the aforesaid transaction, Mukta A2 management or control of the listed entity shall cease to be Subsidiary of the Company and will become an Associate Company and the shareholding of Mukta Arts Limited in MA2 will be diluted to approx. between 49% to 42%. However, there is no impact on management or control of the listed entity. 6 Details and quantification of the restriction or The Company shall not transfer any part of its liability imposed upon the listed entity shareholding in Mukta A2 to a third party without the prior written consent of the Proposed Investor. 7 Whether the said parties are related to The Company and Mukta A2 are Related Parties. Further, promoter / promoter group / group as on date the Investor is not Related Party of the companies in any manner. If yes, nature of Company and Mukta A2. relationship 8 Whether the transaction would fall within No. Related Party Transactions? If yes, whether the same is done at “arm’s length” 9 In case of issuance of shares to the parties, The Company will not issue any share to any of the details of issue price, class of shares issued Parties. Mukta A2 will issue Equity Shares and Compulsorily Convertible Debentures to the investors or its affiliates for an amount upto Rs. 10 crores. 10 Any other disclosure related to such No Nominee Director shall be appointed on the Board of agreements, viz., details of nominee on the Directors of the Company. Board of Directors of the listed entity, potential conflict of interest arising out of such agreements, etc.;