Corporate News
Majestic Research Services and Solutions Limited announced that Parth Shaileshbhai Patel, Rashmikaben S Patel, Alpesh Amrutlal Patel, Nitin Dahyabhai Patel, and Jalak Shaileshbhai Patel have collectively acquired 3,92,350 equity shares of face value Rs 10 each in the company on a preferential basis, pursuant to an approved resolution plan and an order from the National Company Law Tribunal, Bengaluru Bench, dated June 20, 2025. The acquisition, priced at Rs 10 per share, is exempt under Regulation 10(1)(da) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, resulting in the promoters/acquirers holding a total of 3,92,350 shares, representing 95.00% of the company's diluted share capital.