MAJESTIC AUTO LTD. - Announcement under Regulation 30 (LODR)-Retirement

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, this is to inform that 49th Annual General Meeting (AGM) of the Company was held on Friday, September 23, 2022, to consider and approve the agenda items mentioned in the notice of AGM dated August 12, 2022, circulated to the members of the Company including Agenda item No. 2 which was regarding the re-appointment of Ms. Aashima Munjal (DIN-00050716), who retires by rotation as a Director in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers herself for re-appointment. The directors of the Company recommended the above said reappointment for approval by the members as Ordinary Resolution in the AGM wherein the shareholders had disapproved the same as per consolidated voting results of remote e-voting & e-voting at the AGM read with the Consolidated Scrutinizer's Report dated September 24, 2022 as the total number of votes casted against this resolution is more than the votes casted in favour.