Aurum PropTech Limited — Board/Management Information 2021

Aug 3, 2021

Majesco Limited Regd. Off.: MNDC, MBP-P-136, Mahape, Navi Mumbai – 400 710, India +91-22-61501800 +91-22-27781320 www.majescoltd.in

Date: August 2, 2021

Listing Department National Stock Exchange of India Limited Bandra Kurla Complex Bandra East Mumbai – 400 051.

NSE Symbol: MAJESCO

Dear Sir/ Madam,

Sub.: Reply to clarification sought by Exchange.

Pursuant to the clarification sought vide email dated July 29, 2021, with respect to announcement submitted to the Exchange dated July 23, 2021, regarding resignation of Independent Directors, please find enclosed resignation letters received from Independent Directors, Mr. Venkatesh N. Chakravarty and Mrs. Madhu Dubhashi for your perusal. In accordance with enclosed resignation letters, we would like to mention that there were no other material reasons other than provided leading to the aforesaid resignation of Independent Directors.

Further, we affirm that the new Directors Mr. Ramashrya Yadav, Mr. Ajit Joshi and Dr. Padma Deosthali are not debarred from holding the office of a director by virtue of any SEBI order or by any other authority.

You are requested to take the above on record.

Thanking you.

Yours faithfully, For Majesco Limited

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Kunal Karan Chief Financial Officer

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CIN: L72300MH2013PLC244874

From: Neha Sangam To: Neha Sangam Subject: FW: My Resignation as Independent Director of Majesco Ltd. Date: 18 July 2021 16:27:30

From: Madhu Dubhashi madhudubhashi@yahoo.co.in

Sent: 16 July 2021 23:07

To: Venkatesh Chakravarty bomvnc@gmail.com; Ketan Mehta mehtaketanb@gmail.com; vasant gujarathi vasantgujarathi@gmail.com; Kunal Karan kunal.karan@majescoltd.in; Shreerang Athalye shreerang@AurumVentures.in; Onkar Shetye Onkar@AurumVentures.in Subject: My Resignation as Independent Director of Majesco Ltd.

To, The Chairman, Majesco Ltd.

Re: Resignation as Non Executive and Independent Director of Majesco Ltd ("the Company")

Consequent to the change in ownership and management of the Company, a number of adjustments would happen that require involvement, understanding and time. It would not be possible for me

to do justice to this because of other commitments. I therefore tender my resignation as Non Executive and Independent Director of the

Company with effect from the close of business hours of 23rd July, 2021.

I further confirm that there are no other material reasons for the resignation from the directorship of the Company.

I hereby express my sincere thanks to the Board of Directors of the Company for their cooperation during my tenure.

Regards,

Madhu Dubhashi DIN: 00036846

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