
Board Meeting2 Sept 2026, 02:32 pm
Majestic Research seeks AGM extension due to IBC resolution plan
AI Summary
Majestic Research Services and Solutions Limited's Board of Directors, in a meeting held on September 2, 2026, approved an application to the Registrar of Companies (ROC) for a three-month extension to hold its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The extension is sought due to special reasons including the implementation of an Insolvency and Bankruptcy Code (IBC) resolution plan, reconstitution of accounts, pending capital reduction/restructuring, and updation of shareholder records. The board meeting commenced at 2:00 PM IST and concluded at 2:22 PM IST.
Key Highlights
- Board approved application for AGM extension.
- Extension sought for financial year ended March 31, 2026.
- Reasons include IBC resolution plan implementation.
- Capital reduction and shareholder record updates cited.
- AGM extension requested up to December 31, 2026.
Price Impact
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