BSEInsider Trading / SAST5 Oct 2026 · 5 Oct 2026, 11:40 am
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parth Shailesbhai Patel & Others
Majestic Research Services and Solutions Ltd · 539229
✦ AI SummaryInsolvency
Majestic Research Services and Solutions Ltd has received a disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the allotment of 3,92,350 fresh equity shares to promoters Parth Shaileshbhai Patel, Rashmikaben S Patel, Alpesh Amrutlal Patel, Nitin Dahyabhai Patel, and Jalak Shaileshbhai Patel, following the approved resolution plan under the Insolvency and Bankruptcy Code, 2016.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk6/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Majestic Research Services and Solutions Ltd - 539229 - Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
Attachments (1)
📄pdf
Download →
35075E61_5DAB_494A_B1AD_A8A483410FC8_114042.pdf
View document text
MRSSlndia.com
MAJESTIC RESEARCH SERVICES AND SOLUTIONS LIMITED
(CIN: L72200KA2012PLC063818)
Date: October 3rd, 2026
The Manager
Listing Department,
BSE Limited
Corporate Relations Department
Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai – 400001
Scrip Code: 539229
Sub: Disclosure under Regulation 10(6) of the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Dear Sir/Madam,
With reference to the subject, kindly find attached disclosure under 10(6) of Securities and
Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in
respect of allotment of 3,92,350 fresh equity Shares of face value of Rs. 10/‐ each at a price of
Rs. 10/‐ each of Majestic Research Services and Solutions Limited (“the Company”) on a
preferential basis to us, i.e. Parth Shaileshbhai Patel (1,56,940 equity shares), Rashmikaben S
Patel (1,17,705 equity shares), Alpesh Amrutlal Patel (39,235 equity shares), Nitin Dahyabhai
Patel (39,235 equity shares) and Jalak Shaileshbhai Patel (39,235 equity shares) (herein,
collectively referred to as “Promoters/Acquirers”), pursuant to the Approved Resolution Plan
and the Order of the Hon’ble National Company Law Tribunal, Bengaluru Bench, Bengaluru
dated June 20, 2025 approving the Resolution Plan under Section 31 of the Insolvency and
Bankruptcy Code, 2016.
The aforesaid acquisition is exempt under Regulation 10(1)(da) of Securities and Exchange
Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
For and on behalf of Acquirers
Rashmikaben S Patel
Managing Director
Encl: a/a
Registered Office: Corporate Office: Branch Office:
2nd Floor, Kalpak Arcade, No. C-509, 5th Floor, Kanakia Zillion, 1505/A, The Capital, Opp.
No. 46/17, Church Street, Bangalore -560001, Gateway to BKC LBS Marg, Hetarth Party Plot, Sola, Ahmedabad - 380060,
Karnataka, India. Kurla (West),Mumbai -400070, Maharashtra, India, Gujarat, India.
MRSSlndia.com
MAJESTIC RESEARCH SERVICES AND SOLUTIONS LIMITED
(CIN: L72200KA2012PLC063818)
DISCLOSURE UNDER REGULATION 10(6) – Report to Stock Exchanges in respect of acquisition
made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
1. Name of the Target Company MAJESTIC RESEARCH SERVICES AND SOLUTIONS LIMITED
(TC)
2. Name of the acquirer(s) 1. Parth Shaileshbhai Patel
2. Rashmikaben S Patel
3. Alpesh Amrutlal Patel
4. Nitin Dahyabhai Patel
5. Jalak Shaileshbhai Patel
3. Name of Stock Exchange where BSE Limited
shares of TC are listed
4. Details of the transaction Preferential Allotment pursuant to the Resolution Plan, the
including rationale, if any, for Order of the Hon’ble National Company Law Tribunal,
the transfer/acquisition of Bengaluru Bench dated June 20, 2025 approving the
shares Resolution Plan under Section 31 of the Insolvency and
Bankruptcy Code, 2016 (“Approved Resolution Plan”)
5. Relevant Regulation under Regulation 10(1)(da) of the SEBI (Substantial Acquisition of
which the acquirer is exempt Shares and Takeovers) Regulations, 2011.
from making open offer
6. Whether disclosure of proposed
acquisition was required to be
made under 10(5), and if so,
‐whether disclosure was made No
and whether it was made within
the timeline specified under the
regulation
‐date of filing with the Stock
Exchange
7. Details of Acquisition Disclosures Required to be Whether the Disclosures under
made under Reg 10(5) Reg 10(5) are actually made
a. Name of the transferor Not Applicable Not Applicable
b. Date of acquisition Not Applicable Not Applicable
c. Number of shares/voting Not Applicable Not Applicable
rights in respect of the
acquisitions from each
person mentioned in 7(a)
above
d. Total shares proposed to be Not Applicable Not Applicable
acquired/actually acquired
as a % of diluted share
capital of TC
Registered Office: Corporate Office: Branch Office:
2nd Floor, Kalpak Arcade, No. C-509, 5th Floor, Kanakia Zillion, 1505/A, The Capital, Opp.
No. 46/17, Church Street, Bangalore -560001, Gateway to BKC LBS Marg, Hetarth Party Plot, Sola, Ahmedabad - 380060,
Karnataka, India. Kurla (West),Mumbai -400070, Maharashtra, India, Gujarat, India.
MRSSlndia.com
MAJESTIC RESEARCH SERVICES AND SOLUTIONS LIMITED
(CIN: L72200KA2012PLC063818)
e. Price at which shares are Not Applicable Not Applicable
proposed to be
acquired/actually acquired
8. Shareholding Details Pre‐Transaction Post‐Transaction
No. of % wrt total No. of Shares % wrt total
Shares held share capital held share capital
of TC of TC
a. Each Acquirer/Transferee
1. Parth Shaileshbhai Patel 0 0 1,56,940 38.00
2. Rashmikaben S Patel 0 0 1,17,705 28.50
3. Alpesh Amrutlal Patel 0 0 39,235 9.50
4. Nitin Dahyabhai Patel 0 0 39,235 9.50
5. Jalak Shaileshbhai Patel 0 0 39,235 9.50
Total 0 0 3,92,350 95.00
b. Each Seller/Transferor Not Not Not Applicable Not
Applicable Applicable Applicable
For and on behalf of Acquirers
Rashmikaben S Patel
Managing Director
Date: October 3, 2026
Place: Ahmedabad
Registered Office: Corporate Office: Branch Office:
2nd Floor, Kalpak Arcade, No. C-509, 5th Floor, Kanakia Zillion, 1505/A, The Capital, Opp.
No. 46/17, Church Street, Bangalore -560001, Gateway to BKC LBS Marg, Hetarth Party Plot, Sola, Ahmedabad - 380060,
Karnataka, India. Kurla (West),Mumbai -400070, Maharashtra, India, Gujarat, India.