Muzali Arts Limited announced that trading in its equity shares will resume on the Bombay Stock Exchange (BSE) effective October 14, 2026. The suspension of trading has been revoked following compliance with regulatory requirements, allowing the scrip to re-enter the market.

The resumption aligns with the notice issued by BSE Limited on October 6, 2026. In accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, the shares will be traded in the "XT" group. This classification typically applies to securities subject to specific monitoring or surveillance measures.

Trading Mechanism and Session Details

The company confirmed that its equity shares will be included in the Special Pre-Open Session (SPOS) for IPOs and Relisted Scrips. This session is scheduled for October 14, 2026, as notified by the exchange. The SPOS is designed to facilitate price discovery and orderly trading for newly listed or relisted instruments before regular market hours begin.

Regulatory Compliance and Disclosure

Muzali Arts filed this intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to the Department of Corporate Services at BSE by Director Mansoorbhai Murtuza. The company stated it remains committed to complying with all applicable statutory and regulatory requirements and ensuring timely disclosure of material information to stakeholders.

The information memorandum regarding the revocation will be available on the exchange’s website under the Corporates section. Trading members have been advised to take note of the inclusion of the scrip in the relist session.

Muzali Arts Limited held its Annual General Meeting for FY26 on September 29, 2026, via video conferencing, passing two ordinary resolutions with requisite majority. The meeting ran from 2:01 pm to 2:10 pm, with 33 members attending.

Meeting attendance and leadership

Mansoorbhai Murtuza, Chairman and Managing Director, presided over the AGM. The following directors and key managerial personnel were present:

Attendance at the meeting was as follows:

Agenda and proceedings

With the consent of members present, the Notice convening the AGM, the audited financial statements for the financial year ended March 31, 2026, together with the Reports of the Directors and Auditors, were taken as read. Representatives of the Secretarial Auditor were also present. No queries were received from any shareholder during the meeting. The AGM notice was dated September 1, 2026.

E-voting arrangements

National Securities Depository Limited provided the remote e-voting and in-meeting e-voting facility (EVEN: 142336). The cut-off date for determining voting rights was September 22, 2026, on which date the total paid-up equity share capital stood at 5,91,64,667 equity shares of ₹1 each, carrying 5,91,64,667 votes. Key details of the voting process were as follows:

• Remote e-voting was open from September 25, 2026 at 9:00 am to September 28, 2026 at 5:00 pm
• Members who had not cast votes through remote e-voting were given the opportunity to vote electronically during the AGM
• Nuren Lodaya and Associates, Practising Company Secretary, was appointed as Scrutinizer on September 1, 2026 to oversee the e-voting process
• Votes were reconciled with the Register of Members as on the cut-off date; no member cast votes both by remote e-voting and at the AGM

Voting results

Two ordinary resolutions were put to vote. The consolidated results, as certified by the Scrutinizer, are detailed below.

Resolution 1: Adoption of financial statements

This resolution sought to receive, consider and adopt the audited standalone financial statements for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors.

The resolution was passed with the requisite majority.

Resolution 2: Re-appointment of director by rotation

This resolution sought to appoint Mansoorbhai Murtuza (DIN: 08965751), who retires by rotation and, being eligible, offered himself for re-appointment. The promoter/promoter group was noted as interested in this resolution.

As a measure of good governance, votes of related parties were not counted in ascertaining the result. Mansoorbhai Murtuza, holding 91,93,997 equity shares, and Mrs. Farheen Murtuza Mansoorbhai, holding 91,94,216 equity shares and a relative within the meaning of Section 2(77) of the Companies Act, 2013, cast their votes in favour of this resolution. Their aggregate votes of 1,83,88,213 (representing 31.0797% of the paid-up equity share capital) were excluded from the count for this resolution.

The resolution was passed with the requisite majority. The Scrutinizer noted that the result would remain the same whether or not the votes of the related parties are counted.

Scrutinizer details and conclusion

Nuren Lodaya (FCS No. F14090, CP No. 24248), Proprietor of M/s. Nuren Lodaya and Associates, served as Scrutinizer. The Scrutinizer's report was issued on September 29, 2026. The consolidated Scrutinizer's Report along with voting results has been submitted to BSE Limited and is available on the websites of the Registrar and Transfer Agent Satellite Corporate Services Pvt. Ltd., BSE Limited, and the company. Both resolutions are deemed to have been passed on September 29, 2026.