Majestic Auto Ltd (MAJESAUT) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Majestic Auto Ltd on NSE and BSE, with an AI summary of each filing.
Majestic Auto Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Standalone and Consolidated ....
Intimation · 05 Nov 2026, 5:30 am
Majestic Auto Schedules Board Meeting on 5th Nov'26 for Q2 FY27 Results Majestic Auto Limited has scheduled a meeting of its Board of Directors on 5th Nov'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26, alongside the Limited Review Report. In compliance with insider trading regulations, the trading window for company securities remains closed and will reopen 48 hours after the declaration of the financial results.
Details as per attachment enclosed.
Others (Uncategorized) · 30 Sept 2026, 3:31 am
Majestic Auto Completes ₹105.43 Crore Stake Sale in Sharan Hospitality Majestic Auto Limited completed the transfer of all securities in wholly owned subsidiary Sharan Hospitality Private Limited (SHPL)—comprising equity shares, NCDs, and bonus redeemable preference shares—to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund for ₹105.43 cr on 29th Sep'26. Additionally, SHPL repaid an inter-corporate deposit of ₹29.28 cr to the company. Following the transaction, SHPL ceased to be a subsidiary, resulting in an estimated pre-tax gain of approximately ₹29.28 cr for Majestic Auto under the approved Resolution Plan.
Details as per attachment enclosed.
Others (Uncategorized) · 30 Sept 2026, 3:29 am
Majestic Auto Completes ₹105.43 Cr SHPL Stake Sale, Realizing ₹29.28 Cr Gain Majestic Auto transferred 100% of its securities in Sharan Hospitality Private Limited (SHPL)—comprising equity, NCDs, and bonus redeemable preference shares—to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund on 29th Sep'26 for ₹105.43 Cr. Concurrently, SHPL repaid an inter-corporate deposit of ₹29.28 Cr. With the transaction completed, SHPL ceases to be a wholly owned subsidiary, yielding an estimated pre-tax gain of approximately ₹29.28 Cr for Majestic Auto under the approved Resolution Plan framework.
Appointment of Mr. Puneet Verma as Chief Financial Officer of the Company.
Change in Management · 22 Sept 2026, 7:22 pm
Majestic Auto Appoints Puneet Verma as Chief Financial Officer The Board of Directors of Majestic Auto Limited has approved the appointment of Mr. Puneet Verma as Chief Financial Officer and Whole-time Key Managerial Personnel, effective 22nd Sep'26. Recommended by the Nomination and Remuneration Committee and Audit Committee, Verma brings over 10 years of experience across financial management, accounting, taxation, NBFC compliances, audit, and working capital management. He holds LL.B., M.Com, and B.Com degrees, with expertise spanning direct and indirect taxation alongside corporate financial governance.
Details as per attachment enclosed
Others (Uncategorized) · 18 Sept 2026, 4:13 am
Majestic Auto Implements Sharan Hospitality Resolution Plan and Outlines Asset Transfer Majestic Auto Limited has successfully implemented the approved Resolution Plan for Sharan Hospitality Private Limited (SHPL) following a Supreme Court order dated 17th Jul'26. SHPL's reconstituted board has assumed control, dissolving the Monitoring Committee. On 17th Sep'26, SHPL approved the issuance of 50.00 lakh Bonus Redeemable Preference Shares to Majestic Auto. Additionally, allotted Non-Convertible Debentures have been credited. Upon receipt of the Bonus RPS, Majestic Auto will transfer these securities, along with its equity holdings, to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund.
Details as per attachment enclosed.
Others (Uncategorized) · 05 Sept 2026, 1:18 am
Majestic Auto Completes ₹105.43 Cr Fund Infusion in Sharan Hospitality Majestic Auto Limited has completed the full infusion of ₹105.43 Cr into Sharan Hospitality Private Limited (SHPL) under the approved Resolution Plan, comprising ₹5.00 Cr in equity, ₹71.15 Cr in NCDs, and ₹29.28 Cr via ICD. On 4th Sep'26, 5.00 lakh equity shares were credited to the company's demat account, making SHPL a wholly owned subsidiary. Post-allotment of pending NCDs and 50.00 lakh proposed bonus redeemable preference shares, Majestic Auto will transfer all acquired securities to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund.
Completion of Acquisition of Sharan Hospitality Private Limited.
Others (Uncategorized) · 05 Sept 2026, 1:16 am
Majestic Auto Completes Resolution Plan Infusion for Sharan Hospitality Majestic Auto Limited has completed the full ₹105.43 cr fund infusion into Sharan Hospitality Private Limited (SHPL) under a Supreme Court-approved Resolution Plan. The infusion comprises ₹5.00 cr in equity, ₹71.15 cr in NCDs, and ₹29.28 cr via ICDs across three phases. Following the demat credit of 5.00 lakh equity shares on 4th Sep'26, SHPL became a wholly owned subsidiary. Upon completion of pending NCD credits and issuance of 50.00 lakh bonus preference shares, all securities will be transferred to NovumLake Property Fund and 360 ONE Real Assets.
Details as per attachment enclosed.
Others (Uncategorized) · 02 Sept 2026, 1:17 am
Details as per attachment enclosed.
Others (Uncategorized) · 25 Aug 2026, 4:51 am
Majestic Auto to Realize ₹29.28 Cr Pre-Tax Gain from SHPL Resolution Majestic Auto is implementing a resolution plan for Sharan Hospitality Private Limited (SHPL), acquiring it and then selling the securities. The total transaction involves a payment of ₹105.43 Cr. Majestic will acquire SHPL securities for a cost of ₹76.15 Cr, making SHPL a wholly-owned subsidiary. Subsequently, it will sell these securities to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund for ₹105.43 Cr, resulting in an expected pre-tax gain of approximately ₹29.28 Cr. The transaction is slated for completion by 31st Oct'26.
Details as per attachment enclosed.
Others (Uncategorized) · 25 Aug 2026, 4:49 am
Majestic Auto to book ₹29.28 Cr pre-tax gain from SHPL resolution plan Majestic Auto (SRA) has commenced the resolution plan for Sharan Hospitality Private Limited (SHPL), making SHPL its wholly-owned subsidiary. Majestic will acquire SHPL securities for ₹76.15 Cr and subsequently sell them to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund for ₹105.43 Cr. The transaction, expected to complete by 31 Oct'26, is projected to result in a pre-tax gain of approximately ₹29.28 Cr for Majestic Auto, subject to adjustments. SHPL had a turnover of ₹0.65 Cr in FY25.
Details as per attachment enclosed
Others (Uncategorized) · 25 Aug 2026, 4:47 am
Majestic Auto to Gain ₹29.28 Cr from Sharan Hospitality Resolution Plan Majestic Auto Limited is implementing a resolution plan for Sharan Hospitality Private Limited (SHPL), making SHPL a wholly-owned subsidiary. Majestic will invest ₹76.15 Cr in SHPL securities and provide a ₹29.28 Cr inter-corporate deposit. Subsequently, Majestic will sell these securities to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund for ₹105.43 Cr. This transaction is expected to yield a pre-tax gain of approximately ₹29.28 Cr for Majestic Auto, with the sale completion anticipated by 31st Oct'26.
Voting results w.r.t agenda items considered during 53rd Annual General Meeting held on August 17, 2026 is enclosed.
Annual General Meeting · 18 Aug 2026, 2:28 am
Voting results and Consolidated scrutinizer report w.r.t agenda items considered during 53rd Annual General Meeting held on August 17, 2026 is enclosed.
Annual General Meeting · 18 Aug 2026, 2:11 am
Proceedings of the 53rd Annual General Meeting of the company, held on Monday, August 17, 2026 at 11:00 AM through Video Conferencing.
Annual General Meeting · 18 Aug 2026, 1:55 am
Unaudited (Standalone & Consolidated) Financial Results for the Quarter ended June 30, 2026 is enclosed.
Financial Result · 11 Aug 2026, 7:16 pm
Majestic Auto Reports Strong Standalone Profit Growth for Q1FY27 Majestic Auto reported standalone PAT of ₹1,741.17 lakhs for Q1FY27, up 83% YoY from ₹949.69 lakhs and reversing a QoQ loss of ₹300.44 lakhs. This was driven by a 48% YoY increase in total income to ₹3,041.17 lakhs, primarily from other income. Revenue from operations was nil. The company also posted a consolidated PAT of ₹1,812.08 lakhs, up 31% YoY. Basic EPS stood at ₹16.75 on a standalone basis and ₹17.43 on a consolidated basis. The board approved the results on 11 Aug'26.
Outcome of Board Meeting held on Tuesday, August 11, 2026 is enclosed.
Outcome · 11 Aug 2026, 7:09 pm
Majestic Auto Q1 FY27 Standalone PAT Grows 83.3% YoY to ₹1,741 Lakhs Majestic Auto reported standalone results for Q1 FY27 ending 30 Jun'26. Profit after tax grew 83.3% YoY to ₹1,741.17 lakhs from ₹949.69 lakhs. Total income increased 48.4% YoY to ₹3,041.17 lakhs, driven by other income. Profit before tax rose 102.0% YoY to ₹2,545.40 lakhs. On a QoQ basis, the company swung to profit from a loss of ₹300.44 lakhs in the previous quarter. Basic EPS stood at ₹16.75, up from ₹9.13 YoY. Consolidated PAT for the quarter was ₹1,812.08 lakhs.
Details as per attachment enclosed.
Dividend · 08 Aug 2026, 11:50 pm
Majestic Auto Details Record Date and Tax Policy for FY26 Final Dividend Majestic Auto has declared a final dividend of Rs. 25 per equity share (face value Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM on 17 Aug '26. The company has fixed 10 Aug '26 as the record date for determining shareholder eligibility. The dividend payment will be made on or before 16 Sep '26. Dividends are subject to Tax Deducted at Source (TDS) as per income tax laws. Shareholders must submit tax exemption documents by 16 Aug '26.
Details as per attachment enclosed.
Others (Uncategorized) · 23 Jul 2026, 11:12 pm
Supreme Court Approves Sharan Hospitality Resolution Plan Implementation Majestic Auto has received a Supreme Court order dated 17 Jul'26, permitting the implementation of Sharan Hospitality's (SHPL) resolution plan. This fulfills a key condition from its 15 Jul'26 disclosure and resolves pending legal proceedings. The order greenlights the Consent and Dispute Settlement Agreement with Assets Care & Reconstruction Enterprise (ARC). Consequently, Majestic Auto can proceed with the plan, including payments and executing related securities purchase agreements with NovumLake Property Fund and 360 ONE Real Assets Advantage Fund.
Details as per attachment enclosed.
Others (Uncategorized) · 16 Jul 2026, 4:35 am
Majestic Auto Executes Settlement Agreement for SHPL Resolution Plan Majestic Auto executed a Consent and Dispute Settlement Agreement on 15-Jul'26 with Assets Care & Reconstruction Enterprise (ARC) to settle pending litigation and implement the resolution plan for Sharan Hospitality Pvt Ltd (SHPL). The plan involves a payment of ₹81.84cr towards the resolution amount and ₹23.59cr for additional interest, subject to Supreme Court approval. The company has also entered into a Securities Purchase Agreement to transfer securities issued under the plan to identified purchasers, facilitating the financing of the settlement.
Please find enclosed herewith a copy of the letter sent to the shareholders holding shares in physical mode.
Others (Uncategorized) · 07 Jul 2026, 6:30 pm
Majestic Auto Informs Physical Shareholders of Mandatory KYC Updation Majestic Auto informed BSE on 07 Jul'26 it has directed shareholders holding shares in physical form to update their PAN, KYC, and bank account details. This action complies with SEBI's Master Circular dated 06 Feb'26. The company urged these shareholders to furnish the required documents to its Registrar and Transfer Agent, Alankit Assignments Limited, to ensure regulatory compliance and facilitate smooth share transmission. Dematerialization of shares was also strongly encouraged as transfers in physical form are restricted.
Physical letter to those shareholders whose email address are not registered with the company/Registrar & Transfer Agent/ Depository Participants for providing the web link of AGM Notice ....
Annual General Meeting · 07 Jul 2026, 5:00 pm
Notice convening the Fifty Third Annual General Meeting (''''Notice'''') and the Annual Report of the Company, for the financial year 2025-26, are being sent through electronic mode to ....
Others (Uncategorized) · 02 Jul 2026, 6:57 pm
The Fifty Third Annual General Meeting of the members of the Company will be held on Monday, August 17, 2026 at 11:00 AM (IST) through Video Conferencing/Other Audio Visual Means.
Annual General Meeting · 02 Jul 2026, 6:50 pm
Notice of Fifty Third Annual General Meeting for the financial year 2025-26 is attached
Annual General Meeting · 02 Jul 2026, 6:45 pm
Resignation of Mr. Ajay Kumar from the post of Chief Financial Officer of the Company.
Change in Management · 25 Jun 2026, 12:54 am
Majestic Auto CFO Ajay Kumar Resigns, Citing Personal Reasons Majestic Auto Limited (Scrip: 500267) announced the resignation of its Chief Financial Officer, Mr. Ajay Kumar, due to personal reasons. The Board of Directors accepted his resignation on 08 Jun'26. Mr. Kumar will be relieved from his duties effective from the close of business hours on 24 Jun'26. This key managerial personnel change is a notable event for the company's financial leadership and warrants monitoring for succession plans.