Supreme Court permits implementation of SHPL Resolution Plan

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

MAJESAUT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹431.00

prior close

₹428.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.3% vs market

Diversified Commercial Services peers, median of 72sector+0.0%-1.9% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.9 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.9

15m

-1.5

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9+0.4-2.3+0.0-1.9

Next day

-0.2+1.8-2.0+0.1-0.3

-0.9+0.5-1.4+0.0-0.9

+0.0+0.9-0.9+0.3-0.3

-0.2+0.3-0.6+0.0-0.2

+0.2+1.4-1.3-0.0+0.2

+12.1+3.2+8.8+0.2+11.8

15d

-12.5+5.4-17.9+1.3-13.8

-15.9+6.4-22.2-0.5-15.4

-14.4+6.3-20.7-3.7-10.7

-14.8-3.6-11.2-10.2-4.7

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Supreme Court permitted Majestic Auto to implement the Resolution Plan of Sharan Hospitality Pvt Ltd under a Consent and Dispute Settlement Agreement with Assets Care and Reconstruction Enterprise (ARC). Order dated July 17, 2026 resolves pending proceedings, enabling payment of Resolution Plan Amount and Additional Interest, plus execution of Securities Purchase Agreements with NovumLake Property Fund and 360 ONE Real Assets Advantage Fund.

Likely market impact

Positive. Removes legal hurdle, lets company proceed with Resolution Plan of SHPL and receive securities from the purchasers.