शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
BSEMajestic Research Services and Solutions LtdHighNeutral
Announced Thu, 6 Aug, 2026 · 18:53 IST

NCLT order-based appointment of 4 directors at Majestic Research

Nclt Resolution ApprovedRegulatory & Legal View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

The Board appointed four directors pursuant to an NCLT order in I.A. (Plan) No. 07/2024 dated 20 June 2025. Effective 18 September 2025: Rashmikaben Patel as Managing Director (5 years), Parth Patel as Executive Director (5 years), and Piyush Patel and Avani Patel as Non-Executive Independent Directors (5 years each). Two appointments need shareholder approval.

Likely market impact

New leadership installed under NCLT resolution plan order; governance reset, pending shareholder nod for two directors.