Majestic Research Services and Solutions Ltd allots 30000 shares

At the Board Meeting held today i.e. on Friday, 29th December, 2017, the Board of Directors of Majestic Research Services and Solutions Ltd have issued and allotted 30,000 equity shares of face value of Rs. 10/- each of the Company on preferential basis to Mr. Sarang Panchal (Managing Director and Promoter) at a price of Rs.250/- per share (including premium of Rs.240/- per share).

The Board has appointed Ms. Ritu Gupta as Additional Independent / Women Director of the Company w.e.f.29th December, 2017.

Shares of Majestic Research Services and Solutions Ltd was last trading in BSE at Rs.330 as compared to the previous close of Rs. 339.05. The total number of shares traded during the day was 12000 in over 10 trades.

The stock hit an intraday high of Rs. 342 and intraday low of 327.2. The net turnover during the day was Rs. 3991200.

Source : Equity Bulls

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