MRSS India reschedules board meeting to July 8 to consider FY26 results

1 min read Updated on 30 Jun 2026, 07:31 PM

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Ashish TScanX News Team

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Majestic Research Services and Solutions Limited has rescheduled its board meeting to July 8, 2026. The meeting will consider the standalone unaudited financial results for the half year ended September 30, 2025, and the standalone audited financial results for the quarter and financial year ended March 31, 2026. The agenda also includes the appointment of statutory, internal, and secretarial auditors.

*this image is generated using AI for illustrative purposes only.

Majestic Research Services and Solutions Limited has rescheduled its board meeting to July 8, 2026, to consider and approve financial results for the half year and full year ended March 31, 2026. The meeting was originally scheduled for June 30, 2026, and will be held at the company's registered office in Bangalore. The trading window for dealing in the company's securities remains closed in accordance with the Company's Code of Conduct for Prevention of Insider Trading.

The board will deliberate on the standalone unaudited financial results for the half year ended September 30, 2025. Additionally, the directors will consider and approve the standalone audited financial results for the quarter and financial year ended March 31, 2026. These approvals are subject to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Board Meeting

The meeting's agenda includes several key approvals:

Consider and approve the standalone unaudited financial results for the half year ended September 30, 2025.
Consider and approve the standalone audited financial results for the quarter and financial year ended March 31, 2026.
Consider and approve the appointment of the Secretarial Auditor.
Consider and approve the appointment of the Statutory Auditor.
Consider and approve the appointment of the Internal Auditor.
Consider any other business with the permission of the Chair.

Meeting Details

Detail	Information
New Date	July 8, 2026
Original Date	June 30, 2026
Location	Registered Office, 2nd Floor, Kalpak Arcade, No. 46/17, Church Street, Bangalore -560001

The intimation was signed by Rashmikaben Shaileshbhai Patel, Managing Director of Majestic Research Services and Solutions Limited.

What factors contributed to the decision to reschedule the board meeting from June 30 to July 8, 2026?

How might the delayed approval of financial results impact investor sentiment and stock volatility?

What strategic changes are expected with the new appointments of Secretarial, Statutory, and Internal Auditors?

Read Next Article

MRSS India fixes July 8, 2026 record date for share extinguishment

1 min read Updated on 18 Jun 2026, 02:56 PM

Reviewed by

Anirudha BScanX News Team

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Majestic Research Services and Solutions Limited announced July 8, 2026 as the record date to extinguish existing shares and issue fresh equity pursuant to an NCLT order. Public shareholders will receive 5 new shares for every 1,143 held, reducing their total holding to 20,650 shares. Resolution Applicants and Associates will be allotted 3,92,350 fresh shares, becoming the majority stakeholders.

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Majestic Research Services and Solutions Limited has fixed Wednesday, July 8, 2026 as the record date for the cancellation and extinguishment of all outstanding equity shares and the issuance of fresh equity shares to existing public shareholders. This restructuring follows an order from the Hon'ble NCLT, Bengaluru Bench, dated June 20, 2025, and the implementation of the company's approved Resolution Plan.

The Board of Directors proposes to cancel all existing equity shares held by shareholders. In exchange, existing public shareholders will be issued 5 fresh equity shares of face value Rs. 10/- for every 1,143 equity shares previously held. Any fractional entitlement arising from this calculation will be ignored, and no allotment will be made for such fractions.

Consequently, the 48,89,008 existing equity shares of face value Rs. 10/- each held by public shareholders will be consolidated into 20,650 equity shares of Rs. 10/- each. Simultaneously, Resolution Applicants and Associates will be allotted 3,92,350 fresh equity shares of face value Rs. 10/- each, making them the primary shareholders of the company.

The post-issue shareholding structure will see the Erstwhile Promoter Shareholders holding NIL shares. The distribution of fresh equity shares will result in Resolution Applicants and Associates holding a significant majority of the company's share capital.