Majestic Research seeks AGM extension due to IBC resolution plan

Majestic Research Services and Solutions Limited announced that its Board of Directors, in a meeting held on October 27, 2026, approved a proposal to apply to the Registrar of Companies (ROC) for an extension to hold its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The extension, requested for up to three months (until December 31, 2026), is necessitated by several critical corporate actions including the implementation of a Resolution Plan under the Insolvency and Bankruptcy Code (IBC), 2016, approved by the NCLT. Other reasons cited include reconstitution of accounts, pending capital reduction/restructuring, and updation of shareholder records post-capital reduction and proposed share listing.