Details as per attachment enclosed.

MAJESTIC August 24, 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 July 23, 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 and July 23, 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. Pursuant to the Hon'ble Supreme Court order dated July 17, 2026, Majestic Auto Limited ("Company” or "Successful Resolution Applicant” / "SRA") has commenced implementation of the Resolution Plan approved for Sharan Hospitality Private Limited ("SHPL"). The Resolution Plan contemplates the payment of 31,05,42,80,536 (Rupees One Hundred Five Crore Forty- Two Lakh Eighty Thousand Five Hundred Thirty-Six Only) in the manner given below: 1. 81,84,10,538 (Rupees Eighty-One Crore Eighty-Four Lakh Ten Thousand Five Hundred Thirty-Eight Only) towards the Resolution Plan Amount; and 2. %23,58,69,998 (Rupees Twenty-Three Crore Fifty-Eight Lakh Sixty-Nine Thousand Nine Hundred Ninety- Eight Only) towards the Additional Interest Amount. Out oft he aforesaid amount: 1. 76,14,80,536 is to be provided towards subscription to various securities of SHPL; and 2. %29,28,00,000 is to be infused by way of an Inter-Corporate Deposit ("ICD") to SHPL. In accordance with the Resolution Plan and related transaction documents, SHPL shall issue and allot the following securities to the Company: 1. 5,00,000 (Five Lakh) Equity Shares of face value of 3100/- (Rupees One Hundred Only) each, allotted at %100/- per Equity Share, aggregating to 5,00,00,000/- (Rupees Five Crore Only); 2. 71,14,80,536 Non-Convertible Debentures ("NCDs") of face value X1 each, allotted at X1/- per NCD, aggregating to 371,14,80,536/- (Rupees Seventy-One Crore Fourteen Lakh Eighty Thousand Five Hundred Thirty-Six Only); and 3. 50,00,000 Redeemable Preference Shares ("RPS") of face value 3100 each, to be issued on a bonus basis. MAJESTIC AUTO LIMITED CIN: L35911DL1973PLC353132 Registered Office: 3* Floor, 2A, Mahindta Tower, District Centre, Bhikaji Cama Place, New Delhi - 110066 Tel: 01141641689, 41834666, Email: grievance@majesticauto. in, Website: wwiw.majesticauto.in MAJESTIC The implementation of the Resolution Plan is being undertaken in phases. In the first phase, the Monitoring Committee of SHPL, at its meeting held on August 24, 2026, approved and allotted the following securities to the Company, and the corresponding funds have been infused by the Company into SHPL: a) 5,00,000 (Five Lakh) Equity Shares off ace value of ¥100/- (Rupees One Hundred Only) each, allotted at %100/- per Equity Share, aggregating to 35,00,00,000/- (Rupees Five Crore Only); and b) 35,00,00,000 (Thirty five Crore) Non-Convertible Debentures of face value of ¥1/- (Rupee One Only) each, allotted at X1/- per Non-Convertible Debenture, aggregating to 335,00,00,000/- (Rupees Thirty Five Crore Only). Accordingly, securities aggregating to ¥40,00,00,000 have been allotted to the Company in the current phase. In the subsequent phases, the Company shall: e subscribe to the balance 36,14,80,536 NCDs; e receive 50,00,000 bonus Redeemable Preference Shares; and o extend the ICD of 329,28,00,000, thereby completing the infusion of the remaining amount in accordance with the Resolution Plan and related transaction documents. Consequent to the allotment oft he aforesaid equity shares, SHPL has become a wholly-owned subsidiary of the Company, subjectto credit of the securities to the Company's demat account upon completion of requisite corporate actions with the depositories. The Company shall duly intimate the stakeholders regarding the completion thereof. Upon completion of the acquisition of all securities comprising the Equity Shares, Redeemable Preference Shares and NCDs, the Company shall transfer the same to the NovumLake Property Fund and 360 ONE Real Assets Advantage Fund (“Purchasers”) in accordance with the Securities Purchase Agreements executed with such purchasers and subject to fulfillment of applicable conditions under the transaction documents and applicable laws. The aggregate sale consideration receivable by the Company for the transfer of such securities shall be %1,05,42,80,536/- ("Total Sale Consideration"). The ICD amount of 329,28,00,000/-, being recoverable in nature, shall not form part of the Total Sale Consideration. Upon repayment and discharge ofa ll outstanding debts and liabilities, SHPL shall repay the ICD amount to the Company. The aggregate cost of acquisition of the securities by the Company is 376,14,80,536/-. Upon transfer of the securities for an aggregate consideration of 31,05,42,80,53/-6, the Company expects to realize a pre-tax gain of approximately 329,28,00,000/-, subject to completion of the transaction and applicable accounting adjustments. MAJESTIC AUTO LIMITED CIN: L35911DL1973PLC353132 Registered Office: 3* Floor, 2A, Mahindta Tower, District Centre, Bhikaji Cama Place, New Delhi - 110066 Tel: 01141641689, 41834666, Email: grievance@majesticauto in, Website: www majesticauto.in MAJESTIC Fund flow of proposed transaction is given below: Amount (In Rs.) Purchasers to Particulars SRA to SHPL (for (Sale of SHPL to subscribing Securities) ~ Securities) as SRA @ issued/proposed to be (Repayment of ICD) (3) Issued by SHPL (3) Non-convertible Debentures 71,14,80,536 71,14,80,536 - (NCD) Equity shares 5,00,00,000 24,82,74,000 - Redeemable Preference Shares - 9,45,26,000 - Total 76,14,80,536 105,42,80,536 - Inter-Corporate Deposit (ICD) 29,28,00,000 j 29,28,00,000 The Company shall keep the Stakeholders informed of further material developments in accordance with the applicable provisions of the SEBI Listing Regulations. We are enclosing herewith the relevant annexures 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, B, C and D. 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: 3* Floor, 2A, Mahindta Tower, District Centre, Bhikaji Cama Place, New Delhi - 110066 Tel 01141641689, 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. H0/49/14/14(7)2025-CFD-POD2/1//32706226 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 issued/proposed to be 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 NIL agreement is executed d) || significant terms of the agreement (in brief) | The Agreements provides for the proposed transfer of special rights like right to appoint directors, first || the securities as already issued/proposed to be issued to right to share subscription in case of issuance of | the Comp [Showing first 8,000 characters — download PDF for full document]