Majestic Auto Ltd (MAJESAUT) — Corporate Action | 29 September 2026

29 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Completion of subsidiary sale transaction

🔄 What Changed

Pre-tax gain of ₹29,28,00,000 recognized; subsidiary ceased to be wholly owned

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

Majestic Auto announced completion of the sale of all securities in its subsidiary Sharan Hospitality Private Limited to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund for a total consideration of ₹1,05,42,80,536, resulting in a pre-tax gain of approximately ₹29,28,00,000, and confirmed SHPL has ceased to be a wholly owned subsidiary following the transaction.

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About Majestic Auto Ltd (MAJESAUT)

Services · Diversified · Listed on BSE

Market Cap: ₹379.77 CrP/E: 3.9ROE: 14.5%ROCE: 20.5%Div Yield: 16.43%

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📊 More MAJESAUT filings

Announcement — 26 September 2026Majestic Auto Ltd announced that its trading window will close on October 1, 2026, ahead of the unau...
🔴 Corporate Action — 23 September 2026Majestic Auto announced completion of corporate actions for 50 lakh Bonus Redeemable Preference Shar...
🟡 Board Meeting — 22 September 2026Majestic Auto announced the appointment of Puneet Verma as Chief Financial Officer effective Septemb...
🟡 Board Meeting — 17 September 2026Majestic Auto announced that its subsidiary Sharan Hospitality Private Limited (SHPL) completed the ...
🔴 Corporate Action — 4 September 2026Majestic Auto announced completion of the ₹5 crore equity infusion and [amount not verified] inter-c...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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