BSECompany Update1d ago · 23 Sept 2026, 09:35 pm

Details as per attachment enclosed.

Majestic Auto Ltd-$ · 500267

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Majestic Auto Ltd has completed corporate actions for the issuance of 50,00,000 Bonus Redeemable Preference Shares of Sharan Hospitality Private Limited, and can now proceed with the transfer of securities to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Majestic Auto Ltd-$ - 500267 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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MAJESTIC September 23, 2026 Department of Corporate Affairs, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Subject: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulation”) – Update on Disclosure dated September 17, 2026. Security Code: 500267 Dear Sir/Madam, This is in furtherance to our earlier communications dated April 17, 2021, November 29, 2021, December 13, 2021, December 23, 2024, July 15, 2026, July 23, 2026, August 24, 2026, September 01, 2026, September 04, 2026 and September 17, 2026, made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), as amended from time to time. In continuation of the disclosure dated September 17, 2026, wherein it was informed that the issuance of 50,00,000 (Fifty Lakh) Bonus Redeemable Preference Shares ("Bonus RPS") of Sharan Hospitality Private Limited ("SHPL") had been approved and that the credit of Bonus RPS to the demat account of the Company was subject to completion of the requisite corporate actions with the depositories by SHPL, we wish to inform that the aforesaid corporate actions have now been completed. Accordingly, the Bonus RPS of SHPL have been credited to the demat account of Majestic Auto Limited ("Company"). Consequently, all securities contemplated to be acquired by the Company in connection with the implementation of the Resolution Plan and the related transaction documents, including the Equity Shares, Non-Convertible Debentures and Bonus RPS, are now held by the Company in dematerialised form. Further, in accordance with the Securities Purchase Agreements executed with the NovumLake Property Fund and 360 ONE Real Assets Advantage Fund ("Purchasers"), and subject to fulfilment of the applicable conditions under the transaction documents and applicable laws, the Company can now proceed with the transfer of the aforesaid securities to the Purchasers. The Company shall keep the stakeholders informed of further material developments in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We are enclosing herewith the relevant annexure as required under the SEBI Listing Regulations read along with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 (as amended from time to time), and marked the same as Annexure A. We request you to take the aforesaid disclosure on record. Thanking You. Yours faithfully For Majestic Auto Limited Nishant Sharma Company Secretary & Compliance Officer MAJESTIC AUTO LIMITED CIN: L35911DL1973PLC353132 Registered Office: 3rd Floor, 2A, Mahindra Tower, District Centre, Bhikaji Cama Place, New Delhi - 110066 Tel: 011-41641689, 41834666, Email: grievance@majesticauto.in, Website: www.majesticauto.in MAJESTIC Annexure A Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 Sr. Particulars Securities Purchase and other transaction Agreements a) name(s) of parties with whom the agreement is NovumLake Property Fund and 360 ONE Real Assets entered Advantage Fund (Purchasers) along with related transaction counterparties under escrow and funding arrangements. b) purpose of entering into the agreement To set out the framework for proposed transfer of securities, along with related escrow and funding arrangements, as already issued to the Company pursuant to implementation of the Resolution Plan of SHPL and other related transaction documents. c) shareholding, if any, in the entity with whom the agreement is executed d) significant terms of the agreement (in brief) special The Agreements provides for the proposed transfer of the rights like right to appoint directors, first right to securities as already issued to the Company pursuant to share subscription in case of issuance of shares, right implementation of the Resolution Plan for an agreed total to restrict any change in capital structure etc.; Sale consideration as mentioned in the disclosure dated August 24, 2026. The Agreement does not confer any special rights such as appointment of directors, pre-emptive rights or restrictions on the capital structure of the Company. e) whether, the said parties are related to No. They are not related to the Promoter, Promoter Group promoter/promoter group/ group companies in any or Group Companies of the Company. manner. If yes, nature of relationship f) whether the transaction would fall within related No. The Agreement does not constitute a related party party transactions? If yes, whether the same is done transaction. at “arm’s length” g) in case of issuance of shares to the parties, details of issue price, class of shares issued h) any other disclosures related to such agreements, Not Applicable. viz., details of nominee on the board of directors of MAJESTIC AUTO LIMITED CIN: L35911DL1973PLC353132 Registered Office: 3rd Floor, 2A, Mahindra Tower, District Centre, Bhikaji Cama Place, New Delhi - 110066 Tel: 011-41641689, 41834666, Email: grievance@majesticauto.in, Website: www.majesticauto.in MAJESTIC Sr. Particulars Securities Purchase and other transaction Agreements the listed entity, potential conflict of interest arising out of such agreements, etc.; i) in case of termination or amendment of agreement, Any amendment or termination shall be disclosed, if listed entity shall disclose additional details to the applicable, in accordance with Regulation 30 of the SEBI stock exchange(s): Listing Regulations. a) name of parties to the agreement; b) nature of the agreement; c) date of execution of the agreement; d) details of amendment and impact thereof or reasons of termination and impact thereof. MAJESTIC AUTO LIMITED CIN: L35911DL1973PLC353132 Registered Office: 3rd Floor, 2A, Mahindra Tower, District Centre, Bhikaji Cama Place, New Delhi - 110066 Tel: 011-41641689, 41834666, Email: grievance@majesticauto.in, Website: www.majesticauto.in