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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
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Majestic Auto Ltd-$

Majestic Auto settles SHPL resolution plan dispute with ARC

REGULATORY ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 15 Jul 2026, 11:05 PM IST  ·  BSE ID: 0d57f72c-d713-40d8-aee9-f5d8fcadae4d
View Original BSE Filing (PDF)
💡
In Simple Terms
Majestic Auto reached a settlement with a lender for a past company acquisition's resolution plan.
🤖 AI Summary
  • Company settled SHPL Resolution Plan implementation with ARC on July 15, 2026.
  • Resolution Plan involves payment of ₹81,84,10,538 towards Resolution Plan Amount.
  • Additional Interest Amount payment is ₹23,58,69,998, subject to Supreme Court orders.
  • Execution of settlement is contingent on Supreme Court orders and other conditions.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Resolution Plan Amount
₹81,84,10,538
Additional Interest Amount
₹23,58,69,998
🏢 How This Affects the Company
📈
Business Impact
This settlement facilitates the progression of the Sharan Hospitality Private Limited Resolution Plan, potentially unblocking a prior business initiative.
💰
Financial Impact
The company has agreed to a Resolution Plan Amount of ₹81,84,10,538 and an Additional Interest Amount of ₹23,58,69,998, subject to fulfilling conditions.
⚠️
Risk Impact
The settlement resolves a dispute with ARC, reducing legal uncertainty, but implementation remains contingent on Supreme Court orders and other conditions.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Shareholders should monitor future developments regarding Supreme Court orders and implementation.
👤
Who Is Affected
All shareholders are potentially affected by the financial commitments and the successful resolution of this long-standing matter.
🔍
Management Signal
Management has proactively negotiated and executed a settlement agreement, indicating a commitment to resolving past obligations and moving forward.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Supreme Court orders on the pending case.
Fulfilment of agreed conditions precedent for implementation.
Further disclosures on SHPL Resolution Plan progress.
MEDIUM RISK Implementation is contingent on judicial orders and contractual conditions, introducing uncertainty.
💡 Investor Takeaway
Majestic Auto executed a settlement agreement on July 15, 2026, for SHPL's Resolution Plan, involving payments of ₹81,84,10,538 and ₹23,58,69,998, subject to Supreme Court approval.
⚖️ Strengths & Concerns

✅ Positives

  • Settlement agreement executed with ARC on July 15, 2026, advancing SHPL Resolution Plan.

⚠️ Concerns

  • Implementation of Resolution Plan remains contingent on Supreme Court orders and agreed conditions precedent.
❓ Frequently Asked Questions
What is the Resolution Plan Amount Majestic Auto has agreed to?
Majestic Auto has agreed to pay ₹81,84,10,538 towards the Resolution Plan Amount for Sharan Hospitality Private Limited.
What is the Additional Interest Amount agreed upon by Majestic Auto?
The Additional Interest Amount agreed upon is ₹23,58,69,998, subject to the orders of the Hon'ble Supreme Court of India.
Who did Majestic Auto execute the Consent Agreement with?
Majestic Auto executed the Consent Agreement with Assets Care & Reconstruction Enterprise Limited (ARC) on July 15, 2026.
Are the agreements effective immediately?
No, the agreements may be implemented subject to orders of the Hon'ble Supreme Court and fulfilment of further agreed conditions precedent.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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