Key Decision and Effective Date

The Board of Directors of Majestic Auto Limited, at its meeting held on Tuesday, September 22, 2026, appointed Mr. Puneet Verma as Chief Financial Officer of the Company effective from September 22, 2026.

Approval Process

The appointment was made based on the recommendation of both the Nomination and Remuneration Committee and the Audit Committee.

Appointee Details

Name: Mr. Puneet Verma

PAN: BKPPV9527B

Position: Chief Financial Officer (Whole-time Key Managerial Personnel)

Effective Date: September 22, 2026

Professional Profile

Mr. Puneet Verma is an experienced finance professional with over 10 years of comprehensive experience across multiple financial domains. His expertise includes:

  • Financial management and accounting
  • Taxation (direct and indirect)
  • Regulatory compliance
  • Financial reporting and audit
  • GST and TDS compliance
  • NBFC compliances
  • Statutory and tax audits
  • Working capital management
  • Internal controls

Educational Qualifications

  • Bachelor of Laws (LL.B.) with expertise in Taxation and Legal Matters
  • Master of Commerce (M. Com)
  • Bachelor of Commerce (B. Com)