Majestic Auto Limited held its 53rd Annual General Meeting (AGM) on Monday, August 17, 2026, at 11:00 A.M. IST through Video Conferencing. The meeting concluded at 12:01 P.M. IST.

The record date for determining shareholders eligible to vote was August 10, 2026. On this date, the total number of shareholders was 10,262.

Attendance Details

  • Promoters and Promoter Group: 2 attendees via video conferencing; 0 in person or by proxy.
  • Public Shareholders: 115 attendees via video conferencing; 0 in person or by proxy.

Scrutinizer Appointment

Neeta Aggarwal of M/S Neeta A & Associates (Membership Number: F9893) was appointed as the Scrutinizer at the Board Meeting held on May 23, 2026. She issued her report to the company on August 17, 2026.

Voting Results

A total of three resolutions were proposed and passed at the meeting. The total number of outstanding shares was 10,397,478.

Resolution 1: Adoption of Financial Statements

  • Description: To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026, together with the Reports of Board of Directors and the Auditors thereon.
  • Type: Ordinary Resolution. Promoters were not interested in this resolution.
  • Result: Passed.
  • Total Votes Polled: 8,151,861 shares (78.4023% of outstanding shares).
  • Votes in Favour: 8,151,861 shares (100% of votes polled).
  • Votes Against: 0 shares (0% of votes polled).
  • Breakdown:
  • Promoter & Promoter Group: Voted 7,798,108 shares via e-voting (100% in favour).
  • Public Institutions: Held 5,029 shares; did not cast any votes.
  • Public Non-Institutions: Voted 353,753 shares via e-voting (100% in favour) from a holding of 2,594,341 shares (13.6356% voter turnout from this category).

Resolution 2: Declaration of Dividend

  • Description: To confirm payment of interim dividend and declare final dividend for the financial year 2025-26.
  • Type: Ordinary Resolution. Promoters were not interested in this resolution.
  • Result: Passed.
  • Total Votes Polled: 8,151,861 shares (78.4023% of outstanding shares).
  • Votes in Favour: 8,151,861 shares (100% of votes polled).
  • Votes Against: 0 shares (0% of votes polled).
  • Breakdown:
  • Promoter & Promoter Group: Voted 7,798,108 shares via e-voting (100% in favour).
  • Public Institutions: Held 5,029 shares; did not cast any votes.
  • Public Non-Institutions: Voted 353,753 shares via e-voting (100% in favour) from a holding of 2,594,341 shares (13.6356% voter turnout from this category).

Resolution 3: Appointment of Director

  • Description: To appoint a director in place of Mr. X (retiring by rotation).
  • Type: Ordinary Resolution. Promoters were not interested in this resolution.
  • Result: Passed.
  • Total Votes Polled: 8,151,861 shares (78.4023% of outstanding shares).
  • Votes in Favour: 8,151,861 shares (100% of votes polled).
  • Votes Against: 0 shares (0% of votes polled).
  • Breakdown:
  • Promoter & Promoter Group: Voted 7,798,108 shares via e-voting (100% in favour).
  • Public Institutions: Held 5,029 shares; did not cast any votes.
  • Public Non-Institutions: Voted 353,753 shares via e-voting (100% in favour) from a holding of 2,594,341 shares (13.6356% voter turnout from this category).

Additional Information

There were no invalid votes recorded for any category of shareholders across all resolutions.