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Majestic Auto Commences ₹105.43 Crore Sharan Hospitality Resolution Plan Implementation


24 August 2026
Majestic Auto Ltd.

Majestic Auto commenced implementation of SHPL’s resolution plan, acquiring 100% equity for ₹5 crore and committing ₹76.15 crore in securities plus ₹29.28 crore ICD. Planned transfer to identified funds for ₹105.43 crore could generate an estimated ₹29.28 crore pre-tax gain, subject to completion.


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