Majestic Research Services And Solutions has informed that at the Board Meeting held on Friday, 29th December, 2017, the Board of Directors of the Company has issued and allotted 30,000 equity shares of face value of Rs 10 each of the Company on preferential basis to Sarang Panchal (Managing Director and Promoter) at a price of Rs 250 per share (including premium of Rs 240 per share).; and the Board has appointed Ms. Ritu Gupta as Additional Independent/Women Director of the Company with effect from 29th December, 2017.
The above information is a part of company’s filings submitted to BSE.
