SJ Corp gets BSE nod for listing 3.5 Cr preferential equity shares
SJ Corporation Ltd has received listing approval from BSE Limited for 3,50,00,000 equity shares. These shares, with a face value of Re. 1 each, were issued at a price of ₹12 per share (including a premium of ₹11) on a preferential basis to both promoters and non-promoters. The BSE's approval letter, dated April 10, 2026, confirms the listing permission. The company is required to ensure compliance with SEBI (ICDR) Regulations, including filing shareholding patterns if changes exceed 2% of total paid-up capital. Trading approval will be granted upon submission of NSE listing approval (if applicable) and confirmation letters from NSDL/CDSL regarding share crediting and lock-in. SJ Corporation must apply for trading approval within seven working days from the listing approval date.
Key Highlights
- BSE granted listing approval for 3.5 crore equity shares of SJ Corporation.
- Shares were issued at ₹12 each on a preferential basis.
- Allotment was made to both promoters and non-promoters.
- Trading approval requires further submissions, including depository confirmations.
- Company must apply for trading approval within seven working days.