Majestic Auto Ltd

📊 Majestic Auto Ltd: SHPL Resolution Plan in Motion – ₹1,05,42,80,536 Total

- Total payment under resolution plan: ₹1,05,42,80,536

- ₹76,14,80,536 for subscription to securities of SHPL

- ₹29,28,00,000 as Inter-Corporate Deposit (ICD) to SHPL

- Previous phase (Aug 24, 2026): infused ₹40,00,00,000 (5,00,000 equity shares + 35,00,00,000 NCDs)

- Current phase (Sep 1, 2026): infused ₹35,79,00,000 via NCDs

- Aggregate infused so far: ₹75,79,00,000

- Future: subscribe to balance 35,80,536 NCDs

- Future: receive 50,00,000 bonus Redeemable Preference Shares

- Future: extend ICD of ₹29,28,00,000

- Upon completion, transfer securities to NovumLake Property Fund and 360 ONE Real Assets Advantage Fund