Bullish Moving Averages
7
Bearish Moving Averages
9
Back Stocks profile
Stock analysis tool for investors
Performance
Today’s low
350.30Today’s High
359.9052W low
149.0052W High
419.00Open Price
359.00Prev. Close
337.2500Volume
5641.00Value
2001708.85Fundamentals
Market Cap
369.00
Price to Earnings
11.50
Price to Book Value
0.60
Dividend Yield
4.20
PE to Growth
0.00
Op Revenue TTM
83.42
Net Profit TTM
32.01
Cash From Operating Activity
78.96
Return on Equity %
5.20
EMA & SMA
DELIVERY AND VOLUME
DAILY AVG. DELIVERY VOLUME %
05 Jul, 2024
94.7
Week
88.6
Month
83.5
LEGEND
Positive Indicator
Neutral Indicator
Negative Indicator
RESISTANCE AND SUPPORT
355.02
PIVOT
First Resistance
359.73
Second Resistance
364.62
Third Resistance
369.33
First Support
350.13
Second Support
345.42
Third Support
340.53
Relative Strength Index
49.78
Money Flow Index
60.79
MACD
6.25
MACD Signal
9.12
Average True Range
15.28
Average Directional Index
14.16
Rate of Change (21)
6.88
Rate of Change (125)
36.85
Commodity Channel Index
-46
Williams %R
-85.2
BETA
1 Month
0.82
3 Month
0.65
1 Year
0.36
3 Year
0.14
PRICE CHANGE ANALYSIS
↓ -2.93%
1 Week
Low
High
350.3
379.7
↑ 6.88%
1 Month
Low
High
333
381
↑ 13.1%
3 Months
Low
High
282.2
381
↑ 36.06%
6 Months
Low
High
255.55
419.05
↑ 116.9%
1 Year
Low
High
149
419.05
| Indicator | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 22.01 | 12.94 | 36.00 | 6.95 | 12.04 | 5.69 | 8.80 | 5.71 | 10.03 | 5.04 | 8.46 | |
| Operating Expenses Qtr | 4.76 | 4.35 | 6.86 | 5.47 | 5.92 | 4.19 | 5.20 | 4.13 | 3.57 | 3.29 | 3.94 | |
| Operating Profit Qtr | 1.29 | 1.56 | 23.93 | 0.01 | -0.20 | 0.88 | -0.13 | 0.89 | 0.46 | 1.28 | 0.60 | |
| EBIDT Qtr Cr | 17.25 | 8.59 | 29.14 | 1.48 | 6.13 | 1.50 | 3.60 | 1.58 | 6.47 | 1.75 | 4.52 | |
| Depreciation Qtr | 0.62 | 0.58 | 0.59 | 0.58 | 0.60 | 0.60 | 0.60 | 0.62 | 0.60 | 0.57 | 0.52 | |
| Net Profit Qtr | -3.03 | 5.44 | 20.70 | 0.14 | -1.46 | 0.10 | 1.73 | -0.23 | -0.40 | -0.16 | 3.30 | |
| Basic EPS Qtr | -2.92 | 5.23 | 19.91 | 0.13 | -1.40 | 0.10 | 1.67 | -0.22 | -0.39 | -0.15 | 3.17 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 77.90 | 32.25 | 28.55 | 30.88 | 43.80 | |
| Operating Expenses Annual Cr | 21.44 | 19.44 | 15.91 | 16.02 | 22.97 | |
| Operating Profit Annual | 26.79 | 1.45 | 1.77 | 4.23 | 9.70 | |
| Operating Profit Margin Annual % | 34.39 | 4.48 | 6.21 | 13.71 | 22.14 | |
| Total Expenses Annual Cr | 26.28 | 24.57 | 20.97 | 21.30 | 30.14 | |
| EBIDT Annual Cr | 56.45 | 12.81 | 12.64 | 14.86 | 20.84 | |
| EBIDT Annual margin % | 72.47 | 39.72 | 44.26 | 48.13 | 47.57 | |
| Depreciation | 2.38 | 2.42 | 2.20 | 2.08 | 2.12 | |
| PAT Before ExtraOrdinary Items Annual Cr | 23.25 | 0.15 | 1.52 | 8.57 | 2.18 | |
| Net Profit Annual | 23.25 | 0.15 | 1.52 | 8.57 | 2.18 | |
| Basic EPS Annual | 22.36 | 0.14 | 1.47 | 8.24 | 2.09 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 591.45 | 401.92 | 404.12 | 417.09 | 307.25 | |
| Minority Interest Liability Annual Cr | - | - | - | - | - | |
| Total Non Current Liabilities Annual Cr | 20.61 | 29.92 | 39.99 | 38.56 | 40.14 | |
| Total Current Liabilities Annual Cr | 39.05 | 13.30 | 7.67 | 8.67 | 15.59 | |
| Total Capital Plus Liabilities Annual Cr | 651.11 | 445.14 | 451.77 | 464.33 | 362.98 | |
| Fixed Assets Annual | 78.35 | 69.62 | 71.99 | 71.20 | 73.18 | |
| Total Non Current Assets Annual | 240.84 | 427.96 | 439.42 | 454.75 | 354.33 | |
| Total Current Assets Annual | 410.27 | 17.18 | 12.36 | 9.58 | 8.65 | |
| Total Assets Annual | 651.11 | 445.14 | 451.77 | 464.33 | 362.98 | |
| Contingent Liabilities plus Commitments Annual Cr | - | 0.44 | 0.44 | 0.44 | 0.44 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 48.99 | 11.66 | -3.77 | 6.14 | 8.20 | |
| Cash from Investing Activity Annual | 293.60 | 8.06 | 15.30 | 8.75 | 15.93 | |
| Cash from Financing Annual Activity | -25.47 | -19.74 | -12.44 | -11.76 | -24.01 | |
| Net Cash Flow Annual | - | -0.02 | -0.90 | 3.14 | 0.12 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 568.80 | 386.53 | 388.64 | 401.12 | 295.49 | |
| ROE Annual % | 3.93 | 0.03 | 0.37 | 2.05 | 0.70 | |
| ROCE Annual % | 8.83 | 2.40 | 2.34 | 2.80 | 5.38 | |
| Total Debt to Total Equity Annual | 0.04 | 0.07 | 0.09 | 0.08 | 0.12 | |
| EBDIT Annual Margin % | 117.03 | 61.32 | 71.45 | 73.39 | 63.78 |
| Indicator | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 32.00 | 22.42 | 46.20 | 17.14 | 19.08 | 13.00 | 15.99 | 12.95 | 17.11 | 14.14 | 17.65 | |
| Operating Expenses Qtr | 6.30 | 6.48 | 9.01 | 7.75 | 7.97 | 6.10 | 5.48 | 5.36 | 5.20 | 3.77 | 4.38 | |
| Operating Profit Qtr | 9.22 | 8.49 | 30.59 | 5.57 | 5.00 | 5.97 | 6.75 | 6.94 | 6.39 | 8.92 | 8.04 | |
| EBIDT Qtr Cr | 25.70 | 15.94 | 37.19 | 9.38 | 11.11 | 6.90 | 10.51 | 7.59 | 11.91 | 10.37 | 13.27 | |
| Depreciation Qtr | 2.24 | 2.15 | 2.19 | 2.15 | 2.22 | 2.19 | 2.18 | 2.21 | 2.29 | 2.21 | 2.06 | |
| Net Profit Qtr | -0.61 | 7.31 | 22.93 | 2.38 | -0.74 | 1.05 | 3.30 | 0.17 | 0.04 | 2.39 | 5.68 | |
| Basic EPS Qtr | -0.15 | 7.32 | 22.26 | 2.40 | -0.50 | 1.17 | 3.44 | 0.44 | 0.28 | 2.77 | 6.19 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 117.76 | 61.03 | 62.01 | 69.97 | 79.15 | |
| Operating Expenses Annual Cr | 29.55 | 24.91 | 19.13 | 16.85 | 26.17 | |
| Operating Profit Annual | 53.87 | 24.67 | 29.80 | 39.99 | 42.99 | |
| Operating Profit Margin Annual % | 45.75 | 40.42 | 48.06 | 57.15 | 54.31 | |
| Total Expenses Annual Cr | 52.62 | 47.43 | 42.11 | 42.72 | 55.51 | |
| EBIDT Annual Cr | 88.21 | 36.12 | 42.88 | 53.12 | 52.97 | |
| EBIDT Annual margin % | 74.91 | 59.18 | 69.15 | 75.92 | 66.93 | |
| Depreciation | 8.74 | 8.80 | 8.60 | 8.95 | 9.25 | |
| PAT Before ExtraOrdinary Items Annual Cr | 33.10 | 4.72 | 10.56 | 21.81 | -20.90 | |
| Net Profit Annual | 32.01 | 3.78 | 9.05 | 19.93 | -16.03 | |
| Basic EPS Annual | 31.83 | 4.54 | 10.15 | 20.97 | -20.10 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 615.08 | 416.79 | 415.43 | 420.87 | 299.58 | |
| Minority Interest Liability Annual Cr | 12.29 | 11.20 | 10.26 | 8.76 | 6.88 | |
| Total Non Current Liabilities Annual Cr | 186.91 | 184.00 | 198.66 | 208.49 | 219.72 | |
| Total Current Liabilities Annual Cr | 53.32 | 35.37 | 32.05 | 29.15 | 33.97 | |
| Total Capital Plus Liabilities Annual Cr | 867.60 | 647.37 | 656.39 | 667.27 | 560.15 | |
| Fixed Assets Annual | 305.21 | 299.35 | 302.71 | 303.65 | 312.11 | |
| Total Non Current Assets Annual | 413.68 | 608.52 | 615.70 | 635.76 | 541.33 | |
| Total Current Assets Annual | 453.91 | 38.85 | 40.69 | 31.51 | 18.81 | |
| Total Assets Annual | 867.60 | 647.37 | 656.39 | 667.27 | 560.15 | |
| Contingent Liabilities plus Commitments Annual Cr | - | 0.44 | 0.44 | 140.87 | 141.16 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 78.96 | 32.45 | 19.01 | 41.15 | 40.12 | |
| Cash from Investing Activity Annual | 281.79 | 5.30 | 10.15 | 7.99 | 0.31 | |
| Cash from Financing Annual Activity | -36.20 | -37.92 | -32.80 | -32.93 | -43.45 | |
| Net Cash Flow Annual | - | -0.17 | -3.63 | 16.21 | -3.03 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 603.34 | 411.60 | 409.39 | 413.17 | 294.72 | |
| ROE Annual % | 5.20 | 0.90 | 2.17 | 4.73 | -5.34 | |
| ROCE Annual % | 9.76 | 4.46 | 5.48 | 6.92 | 8.31 | |
| Total Debt to Total Equity Annual | 0.23 | 0.35 | 0.40 | 0.39 | 0.58 | |
| EBDIT Annual Margin % | 105.74 | 72.85 | 87.62 | 93.46 | 76.59 |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| DIPAK KANAYALAL SHAH | 2.33 | 74558207 | - | - |
| MAHENDRA GIRDHARILAL | 1 | 74558210 | - | - |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| ANADI INVESTMENTS PVT LTD | 74.61 | 74558196 | 0 | 0 |
| Name | Holding Percent | Holding Id |
|---|
| Name | Holding Percent | Holding Id |
|---|---|---|
| DIPAK KANAYALAL SHAH | 2.33 | 74558207 |
| RHEA DIPAK SHAH | 1.33 | 74558208 |
| NEKA DIPAK SHAH | 1.25 | 74558209 |
| MAHENDRA GIRDHARILAL | 1 | 74558210 |
| HUF | 0.94 | 74558201 |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| Feb 20, 2024 | 15 | INTERIM | Feb 20, 2024 | Equity Share |
| Feb 24, 2023 | 7.5 | FINAL | Feb 24, 2023 | Equity Share |
| Nov 18, 2021 | 7.5 | FINAL | - | Equity Share |
| Sep 14, 2005 | 0.5 | FINAL | - | Equity Share |
| Sep 11, 2002 | - | FINAL | - | Equity Share |
| Ex-Date | Split Ratio | Record Date |
|---|
| Ex-Date | Purpose | Notes |
|---|---|---|
| May 22, 2024 | Audited Results | - |
| Feb 08, 2024 | Quarterly Results & Interim Dividend | - |
| Nov 08, 2023 | Quarterly Results | - |
| Aug 09, 2023 | Quarterly Results | - |
| May 27, 2023 | Audited Results | - |
| Feb 14, 2023 | Quarterly Results & Interim Dividend | - |
| Nov 07, 2022 | Quarterly Results | - |
| Aug 12, 2022 | Quarterly Results & A.G.M. | - |
| May 25, 2022 | Audited Results | - |
| Feb 12, 2022 | Quarterly Results | - |
| Nov 12, 2021 | Quarterly Results | - |
| Nov 02, 2021 | Final Dividend | - |
| Oct 12, 2021 | Others | Inter alia, to consider the appointment of Additional Independent Directors to fill the casual vacancy caused by the resignation of Independent Directors of the Company as intimated earlier. |
| Aug 14, 2021 | Quarterly Results | - |
| Jun 30, 2021 | Audited Results | - |
| Feb 08, 2021 | Quarterly Results | - |
| Nov 09, 2020 | Quarterly Results | - |
| Aug 29, 2020 | Quarterly Results | - |
| Jun 29, 2020 | Audited Results | - |
| Feb 07, 2020 | Quarterly Results | - |
| Nov 08, 2019 | Quarterly Results | - |
| Aug 12, 2019 | Quarterly Results | - |
| Apr 18, 2019 | Audited Results | - |
| Jan 15, 2019 | Quarterly Results | - |
| Oct 30, 2018 | Quarterly Results | - |
| Aug 10, 2018 | Quarterly Results | - |
| May 14, 2018 | Audited Results | - |
| Feb 07, 2018 | Quarterly Results | - |
| Nov 14, 2017 | Quarterly Results | - |
| Sep 14, 2017 | Quarterly Results | - |
| Aug 30, 2017 | Quarterly Results | - |
| May 29, 2017 | Audited Results | - |
| Feb 14, 2017 | Quarterly Results | - |
| Nov 14, 2016 | Quarterly Results | - |
| Aug 08, 2016 | Quarterly Results | - |
| May 16, 2016 | Audited Results | - |
| Feb 11, 2016 | Quarterly Results | - |
| Nov 12, 2015 | Quarterly Results | - |
| Aug 14, 2015 | Quarterly Results | Appointed Mr. Aayush Munjal as an Additional Director in the category of Executive and further designated as Whole Time Director of the Company. |
| May 30, 2015 | Audited Results | - |
| Feb 14, 2015 | Quarterly Results | - |
| Nov 10, 2014 | Quarterly Results | - |
| Aug 14, 2014 | Quarterly Results | - |
| May 30, 2014 | Audited Results | - |
| Feb 14, 2014 | Quarterly Results | - |
| Nov 11, 2013 | Quarterly Results | - |
| Aug 12, 2013 | Quarterly Results | - |
| May 27, 2013 | Audited Results | - |
| Jan 28, 2013 | Quarterly Results | - |
| Nov 12, 2012 | Quarterly Results | - |
| Aug 13, 2012 | Quarterly Results | - |
| May 28, 2012 | Audited Results | - |
| Feb 13, 2012 | Quarterly Results | - |
| Nov 14, 2011 | Quarterly Results | - |
| Aug 13, 2011 | Quarterly Results | - |
| May 30, 2011 | Audited Results | - |
| Feb 14, 2011 | Quarterly Results | - |
| Nov 08, 2010 | Quarterly Results | - |
| Aug 14, 2010 | Quarterly Results | - |
| May 26, 2010 | Audited Results | - |
| Jan 28, 2010 | Quarterly Results | - |
| Oct 26, 2009 | Quarterly Results | - |
| Jul 25, 2009 | Quarterly Results | - |
| May 27, 2009 | Audited Results | - |
| Jan 27, 2009 | Quarterly Results & Others | To discontinue the manufacturing of Mopeds, Health Equipments & to explore the possibility of starting new venture to setup a directory enquiry / information distribution business in India. |
| Oct 24, 2008 | Quarterly Results | - |
| Jul 30, 2008 | Quarterly Results | - |
| May 21, 2008 | Audited Results | - |
| Jan 22, 2008 | Quarterly Results | - |
| Oct 27, 2007 | Quarterly Results | - |
| Jul 28, 2007 | Quarterly Results | - |
| May 24, 2007 | Audited Results | - |
| Jan 25, 2007 | Quarterly Results | - |
| Oct 28, 2006 | Quarterly Results | - |
| Jul 29, 2006 | Quarterly Results | - |
| May 26, 2006 | Accounts | - |
| Jan 30, 2006 | Quarterly Results | - |
| Oct 29, 2005 | Quarterly Results | - |
| Jul 28, 2005 | Quarterly Results | - |
| Jun 20, 2005 | Quarterly Results & Dividend | - |
| Jan 29, 2005 | Quarterly Results | - |
| Nov 06, 2004 | Quarterly Results & Accounts | - |
| Oct 06, 2004 | Others | Allotment of new equity shares in place of old equity shares to the secured and unsecured creditors of the company and Hon'ble High Courts of Chandigarh & New Delhi. |
| Jul 27, 2004 | Quarterly Results | - |
| Apr 24, 2004 | Quarterly Results | - |
| Jan 30, 2004 | Quarterly Results | - |
| Oct 28, 2003 | Quarterly Results | - |
| Jul 25, 2003 | Quarterly Results | - |
| Jun 28, 2003 | Accounts & Others | Demerger of Unit II & Reduction of share capital |
| Jan 29, 2003 | Quarterly Results | - |
| Oct 29, 2002 | Quarterly Results | - |
| Jul 29, 2002 | Quarterly Results | - |
| Jun 20, 2002 | Accounts | - |
| Jan 29, 2002 | Quarterly Results | - |
| Oct 29, 2001 | Quarterly Results | - |
| Jul 27, 2001 | Quarterly Results | - |
| Jun 29, 2001 | Accounts | - |
| Jan 30, 2001 | Quarterly Results | - |
| Oct 21, 2000 | Quarterly Results | - |
| Aug 30, 2000 | Others | Issue of 2,00,00,000 Non Cum. Conv.Red. Pref.Shares of Rs. 10/- each at par to the promoters and such other group companies. |
| Jul 29, 2000 | Quarterly Results | - |
| Jun 30, 2000 | Accounts (Revised) | - |
| Jun 29, 2000 | Accounts | - |
| Feb 25, 2000 | Preferential Offer | Issuing Non Cumulative non convertible redeemable preference shares |
| Jan 27, 2000 | Quarterly Results | - |
| Oct 28, 1999 | Quarterly Results | - |
| Jul 29, 1999 | Quarterly Results | - |
| May 29, 1999 | Accounts & Dividend | - |
| Jan 23, 1999 | Quarterly Results | - |
| Oct 26, 1998 | Accounts | - |
| Jul 27, 1998 | Quarterly Results | - |
| Jun 30, 1998 | Accounts | - |
| Nov 28, 1997 | Half Yearly Results | - |
| Jun 30, 1997 | Accounts | - |
| Ex-Date | Bonus Ratio | Record Date |
|---|
27 Jun 2024
MAJESTIC AUTO LTD.-$ - 500267 - Closure of Trading Window
The Trading window for dealing in securities of the Company shall be closed from Monday, July 1, 2024 till the completion of 48 hours after the declaration of unaudited financial results for the quarter ending on June 30, 2024. Accordingly, the Designated Persons and their immediate relatives have been intimated not to trade in the securities of the Company during the above said period of closure of trading window.
25 Jun 2024
MAJESTIC AUTO LTD.-$ - 500267 - Disclosure Under Regulation 30(12) Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
The Company has entered into Agreement to Sell to purchase a property for development in New Delhi for an acquisition cost of INR 105,00,00,000/-.
08 Jun 2024
MAJESTIC AUTO LTD.-$ - 500267 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
SEBI has issued an adjudication order dated June 7, 2024 under Section 15-I of the SEBI Act, 1992 read with Rule 5 of SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995. We enclose herewith the disclosure pursuant to Regulation 30 and Schedule III of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBO/HO/CFD/CFD-PoD-1/CIR/2023/123 dated July 13, 2023. Copy of order also enclosed herewith.
08 Jun 2024
MAJESTIC AUTO LTD.-$ - 500267 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
Intimation of SEBI Adjudication Order
30 May 2024
MAJESTIC AUTO LTD.-$ - 500267 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Please find enclosed herewith the Annual Secretarial Compliance Report for the year ended March 31, 2024, under Regulation 24A of SEBI (LODR) Regulations, 2015.
23 May 2024
MAJESTIC AUTO LTD.-$ - 500267 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2024, were published in Business Standard (English and Hindi) Newspaper as attached with covering letter.
22 May 2024
MAJESTIC AUTO LTD.-$ - 500267 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
We enclose the details of the letter of confirmation issued by the Company to its shareholders in lieu of issue of duplicate share certificate.
22 May 2024
MAJESTIC AUTO LTD.-$ - 500267 - Results- Financial Results For The Quarter/ Year Ended March 31, 2024
Audited financial results (Consolidated & Standalone) for the quarter/year ended March 31, 2024.
22 May 2024
MAJESTIC AUTO LTD.-$ - 500267 - Board Meeting Outcome for Disclosure Under Regulation 30 And Other Applicable Regulations Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations'): Outcome Of The Board Meeting Dated May 22, 2024
Pursuant to Regulation 30, Regulation 33, and any other applicable provision of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, as amended from time to time, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., Wednesday, May 22, 2024, has inter alia, taken following decisions: 1. Approved the Audited Financial Statements (Consolidated and Standalone) for the financial year ended March 31, 2024, and the Audited Financial Results (Consolidated and Standalone) for the quarter/year ended March 31, 2024, as recommended by the Audit Committee at its meeting held on May 22, 2024. Kindly take the same on your records for your further needful.
18 May 2024
MAJESTIC AUTO LTD.-$ - 500267 - Announcement Under Regulation 30 Of The SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Emirates Technologies Private Limited, a subsidiary of the Company has received an order from GST Authority, Noida, Uttar Pradesh. Based on the subsidiary Company assessment, the order is devoid of merits and the financial amount is expected to be NIL. The subsidiary Company is exploring all legal options including filing appeal before the Appellant authority.
