Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the voting results of the remote e-voting and e-voting conducted during the Annual General Meeting ('AGM') of the Company held on 29th September 2026, in respect of Resolution as set out in the Notice convening the AGM.

MUZALI ARTS LIMITED Registered Office: Plot No. 3 B-44 Near Manav Mandir Katol Road Yerla Nagpur - 441501. Phone: +91 8108664124 E-mail ID: office@muzaliarts.com Website: www.muzaliarts.com CIN: L20100MH1995PLC322040 Date: 29th September 2026 The Department of Corporate Services, Bombay Stock Exchange Limited, 14th Floor, P.J. Towers, Dalal Street, Mumbai 400001. BSE Scrip Code: 539410 Respected Sir / Madam, Subject: Voting Results of the Annual General Meeting. Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the voting results of the remote e-voting and e-voting conducted during the Annual General Meeting (“AGM”) of the Company held on 29th September 2026, in respect of Resolution as set out in the Notice convening the AGM. The consolidated Scrutinizer’s Report along with the voting results has been submitted to BSE Limited and is also available on the following websites: • Registrar & Transfer Agent: Satellite Corporate Services Pvt. Ltd. – www.satellitecorporate.com • BSE Limited – www.bseindia.com • Company – www.muzaliarts.com Kindly take the above information in your record. For Muzali Arts Limited Mr. Mansoorbhai Murtuza DIN: 08965751 Director Place: Nagpur General information about company Scrip code 539410 NSE Symbol NOTLISTED MSEI Symbol NOTLISTED ISIN INE873S01022 Name of the company Muzali Arts Ltd Type of meeting AGM Date of the meeting / last day of receipt of postal ballot forms (in case of Postal Ballot) 29-09-2026 Start time of the meeting 02:01 PM End time of the meeting 02:10 PM Scrutinizer Details Name of the Scrutinizer Nuren Lodaya Firms Name Nuren Lodaya and Associates Qualification CS Membership Number 14090 Date of Board Meeting in which appointed 01-09-2026 Date of Issuance of Report to the company 29-09-2026 Voting results Record date 22-09-2026 Total number of shareholders on record date 65080 No. of shareholders present in the meeting either in person or through proxy a) Promoters and Promoter group 0 b) Public 0 No. of shareholders attended the meeting through video conferencing a) Promoters and Promoter group 2 b) Public 31 No. of resolution passed in the meeting 2 Disclosure of notes on voting results Resolution(1) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are interested in the agenda/resolution? To receive, consider and adopt the audited standalone financial statements of the Description of resolution considered Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors’ and Auditors’ thereon: No. of No. of % of Votes polled No. of % of votes in % of Votes Mode of No. of votes Category shares votes on outstanding votes – favour on votes against on votes voting – in favour held polled shares against polled polled (7)= (1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 [(5)/(2)]*100 E-Voting 18388213 94.8422 18388213 0 100 0 Poll 0 0 0 0 0 0 Promoter and 19388213 Promoter Postal Ballot Group (if 0 0 0 0 0 0 applicable) Total 19388213 18388213 94.8422 18388213 0 100 0 E-Voting 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Public- Postal Ballot Institutions (if 0 0 0 0 0 0 applicable) Total 0 0 0 0 0 0 0 E-Voting 177887 0.4472 126862 51025 71.3161 28.6839 Poll 0 0 0 0 0 0 39776454 Public- Non Postal Ballot Institutions (if 0 0 0 0 0 0 applicable) Total 39776454 177887 0.4472 126862 51025 71.3161 28.6839 Total 59164667 18566100 31.3804 18515075 51025 99.7252 0.2748 Whether resolution is Pass or Not. Yes Disclosure of notes on resolution Details of Invalid Votes Category No. of Votes Promoter and Promoter Group 0 Public Insitutions 0 Public - Non Insitutions 0 Resolution(2) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are interested in the agenda/resolution? To appoint a director in place of Mr. Mansoorbhai Murtuza DIN 08965751, who Description of resolution considered retires by rotation and being eligible offered himself for re-appointment. No. of % of Votes polled No. of No. of % of votes in % of Votes Mode of No. of Category votes on outstanding votes – in votes – favour on votes against on votes voting shares held polled shares favour against polled polled (7)= (1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 [(5)/(2)]*100 E-Voting 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Promoter and 19388213 Promoter Postal Ballot Group (if applicable) 0 0 0 0 0 0 Total 19388213 0 0 0 0 0 0 E-Voting 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Public- 0 Institutions Postal Ballot 0 0 0 0 0 0 (if applicable) Total 0 0 0 0 0 0 0 E-Voting 177887 0.4472 126862 51025 71.3161 28.6839 Poll 0 0 0 0 0 0 Public- Non 39776454 Institutions Postal Ballot 0 0 0 0 0 0 (if applicable) Total 39776454 177887 0.4472 126862 51025 71.3161 28.6839 Total 59164667 177887 0.3007 126862 51025 71.3161 28.6839 Whether resolution is Pass or Not. Yes Disclosure of notes on resolution Textual Information(1) Text Block Votes of related parties not counted: Mr. Mansoorbhai Murtuza (DIN: 08965751), the Director whose re- appointment is the subject matter of this resolution, holding 91,93,997 equity shares, and Mrs. Farheen Murtuza Mansoorbhai, holding 91,94,216 equity shares, who is a relative of Mr. Mansoorbhai Murtuza within the meaning of Section 2(77) of the Act, being related parties of the Company as disclosed in Note 25 to the financial statements for the financial year 2025-26, cast their votes in favour of this Textual Information(1) resolution. As a measure of abundant caution and good governance, and so that the reappointment is determined by the votes of the Members other than those interested therein, their aggregate votes of 1,83,88,213 (representing 31.0797% of the paid-up equity share capital of the Company) have not been counted in ascertaining the result of this resolution. The votes of the said Members have been counted for Item No. 1, in which they are not interested. Details of Invalid Votes Category No. of Votes Promoter and Promoter Group 18388213 Public Insitutions 0 Public - Non Insitutions 0 NUREN LODAYA & ASSOCIATES Phone Number: 7021113226 COMPANY SECRETARY Email: csnuren@gmail.com (Peer Reviewed Firm) Registered Address: B 403, Pranav Commercial Plaza, MG Road, West, Mumbai 400080 CONSOLIDATED SCRUTINIZER'S REPORT On remote e-voting and e-voting at the Annual General Meeting of MUZALI ARTS LIMITED CIN: L20100MH1995PLC322040 held on Tuesday, September 29, 2026 at 2:00 p.m. (IST) through Video Conferencing / Other Audio-Visual Means [Pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014] Mr. Mansoorbhai Murtuza Chairman of the Annual General Meeting Muzali Arts Limited Plot No. 3, B-44, Near Manav Mandir, Katol Road, Yerla, Nagpur – 441 501, Maharashtra Sub: Consolidated Scrutinizer's Report on the remote e-voting and the e-voting conducted at the Annual General Meeting of the Members of Muzali Arts Limited for the Financial Year 2025-26 held on Tuesday, September 29, 2026 through VC / OAVM. Dear Sir, I, Nuren Lodaya, Practising Company Secretary (FCS No. F14090, CP No. 24248), Proprietor of M/s. Nuren Lodaya and Associates, having been appointed by the Board of Directors of Muzali Arts Limited ("the Company") at its meeting held on September 1, 2026 as the Scrutinizer, in terms of Section 108 of the Companies Act, 2013 ("the Act") read with Rule 20 of the Companies (Management and Administration) Rules, 2014 ("the Rules") and the applicable circulars issued by the Ministry of Corporate Affairs, for the purpose of scrutinising the remote e-voting process and the e-voting process at the Annual General Meeting ("AGM") in a fair and transparent manner, do hereby submit my Consolidated Report as under: 1. DETAILS OF THE MEETING Name of the Company Muzali Arts Limited CIN L20100MH1995PLC322040 Plot No. 3, B-44, Near Manav Mandir, Katol Road, Yerla, Nagpur – Registered Office 441 501, Maharashtra Natur [Showing first 8,000 characters — download PDF for full document]