Shareholders meeting

29 July 2026 To, To, Corporate Relations Department Corporate Listing Department BSE Limited National Stock Exchange of India Ltd. DCS - CRD Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No.C-1, G Block Dalal Street, Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE Code: 500266 NSE Code: MAHSCOOTER Dear Sir/Madam, Subject: Disclosure of events pursuant to Regulation 30(2) - Schedule III – Part A Para A(13) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Ref: Summary of proceedings of the 51st Annual General Meeting (‘e-AGM’ or ‘the meeting’) held on Wednesday, 29 July 2026 The 51st Annual General Meeting of the Members of Maharashtra Scooters Limited was held on Wednesday, 29 July 2026 at 10:45 a.m. through Video Conferencing (‘VC’) / Other Audio-Visual Means (‘OAVM’) (hereinafter referred to as ‘e-AGM’). The meeting was held in compliance with relevant circulars issued by the Ministry of Corporate Affairs (‘MCA’) and Securities and Exchange Board of India (‘SEBI’). • Shri Sanjiv Bajaj, Chairman of the Company, chaired the meeting. • 91 Members attended the meeting through VC. • The requisite quorum, being present, the Chairman called the meeting to order. • The Chairman informed the Members that the Company had provided the facility of two-way video conferencing of the proceedings of this e-AGM which could be viewed live by the members by logging on the website of the Registrar to an issue and share transfer agent i.e. KFin Technologies Limited (‘KFin’). • The Chairman confirmed that the Company has taken all feasible efforts to ensure that the Members are provided an opportunity to participate at the e-AGM. www.mahascooters.com Corporate Office: 6th Floor, Bajaj Finserv Corporate Office, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India | Tel: +91 20 7157 6066 | Fax: +91 20 7150 5792 Registered Office: C/o Bajaj Auto Limited Complex, Mumbai - Pune Road, Akurdi, Pune - 411 035, Maharashtra, India Corporate ID No.: L35912MH1975PLC018376 | Email ID: investors@msls.co.in • The Chairman introduced the Directors and Key Managerial Personnel seated on the dais. He then confirmed the presence of Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee. He then confirmed the presence of the Statutory Auditors, Secretarial Auditor and Scrutiniser appointed by the Company to scrutinise the e-voting process on the resolutions proposed in the notice of the said meeting, through VC/OAVM. • The Chairman informed the members that necessary documents and registers pursuant to the Companies Act, 2013 read with Secretarial Standard on General Meetings were available for inspection electronically. • The Chairman then informed the members that since the auditors’ report on the financial statements and the Secretarial Audit report for the financial year ended 31 March 2026 do not contain any adverse remark, qualification or disclaimer, the same were not being read out. • The Chairman then delivered his formal address, inter alia, on some of the key updates about the Company. He briefed the members on overview and highlights of the performance of the Company during the FY2026 and the first quarter of current year of FY2027. • The Chairman, thereafter, informed the members that the Company had provided the members the facility to cast their votes electronically through remote e-voting on all the resolutions set forth in the AGM notice. • The Chairman informed the Members that the facility for voting through e-voting system was made available during the e-AGM for Members who joined at the e-AGM but had not cast their votes earlier through remote e-voting, may cast their vote at the AGM. • The Chairman then briefed the members about the following items of business as per the Notice of 51st Annual General Meeting were transacted at the meeting for members’ consideration and approval: Sr. Resolutions Type of resolution 1 To consider and adopt the audited financial Ordinary Business statements of the Company for the financial year ended 31 March 2026, together with the Directors’ and Auditors’ Reports thereon. 2 To declare a final dividend of ₹60 per equity share of Ordinary Business face value of ₹10each for the financial year ended 31 March 2026. 3 To appoint a director in place of Ravikumar Srinivasan Ordinary Business (DIN: 09345490), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 (‘the Act’) and being eligible, offers himself for re-appointment. www.mahascooters.com Corporate Office: 6th Floor, Bajaj Finserv Corporate Office, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India | Tel: +91 20 7157 6066 | Fax: +91 20 7150 5792 Registered Office: C/o Bajaj Auto Limited Complex, Mumbai - Pune Road, Akurdi, Pune - 411 035, Maharashtra, India Corporate ID No.: L35912MH1975PLC018376 | Email ID: investors@msls.co.in • On the invitation of the Chairman, Members who had previously registered themselves as speakers, put up their queries, and sought clarifications on Company’s accounts, businesses and offered suggestions. • Clarifications were provided by Shri Anant Marathe, Chief financial officer to the queries raised by the members. • The Chairman informed the members that the e-voting results along with the consolidated Scrutiniser’s Report shall be filed with the exchanges within two working days of conclusion of this meeting and also be placed on the website of the Company and KFin. It was also informed that the recorded transcript will also be made available on the Company's website as soon as possible. • The Chairman, thereafter, thanked all the Members for their continued support & trust and for participation at the meeting, constructive suggestions and comments and prayed for their good health and safety. • The meeting commenced at 10:45 a.m. and concluded at 11:41 a.m. (including time allowed for e-voting at AGM). All the resolutions as set out in the Notice of the 51st AGM were put for voting at AGM. Kindly take the same on record. Thanking you, Yours truly, For Maharashtra Scooters Limited Saurabh Erande Company Secretary Email: investors@bhil.in www.mahascooters.com Corporate Office: 6th Floor, Bajaj Finserv Corporate Office, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India | Tel: +91 20 7157 6066 | Fax: +91 20 7150 5792 Registered Office: C/o Bajaj Auto Limited Complex, Mumbai - Pune Road, Akurdi, Pune - 411 035, Maharashtra, India Corporate ID No.: L35912MH1975PLC018376 | Email ID: investors@msls.co.in