MAJESTIC AUTO LTD. - Announcement under Regulation 30 (LODR)-Change in Management

1. Re-appointment & Remuneration of Mr. Mahesh Munjal (DIN: 00002990) , Chairman & Managing Director of the Company for a period of 3 years w.e.f. October 29, 2024 subject to the members'' approval in the ensuing Annual General Meeting 2. Re-appointment & remuneration of Mr. Aayush Munjal (DIN: 07276802), Whole-time Director designated as Joint Managing Director of the Company for a period of 3 years w.e.f. October 12, 2024, subject to the members'' approval in the ensuing Annual General Meeting. 3. Appointment of Mr. Ajay Kumar (PAN: AVKPK9151D) w.e.f. August 8, 2024 as the Chief Financial Officer (Whole-time Key Managerial Personnel) of the Company.