
SJ Corp: Management Changes, New Directors Appointed
SJ Corporation Ltd's board meeting on May 30, 2026, approved changes in management, including the appointment of additional directors (Mr. Pintu Kanjibhai Kalavadia, Mr. Prashant Kanjibhai Kalavadia, Ms. Ekta Ankur Dholakia, and Mr. Pragnesh Kishorbhai Sonchhatra) and the resignation of Mr. Ashish Dhirubhai Satani as CFO, replaced by Mr. Jagdish Vijaybhai Pambhar. Mr. Deepak Bhikhalal Upadhyay transitioned from Managing Director to Executive Non-Independent Director, and Mr. Maulik Pravinbhai Dalsaniya was appointed as Chairman. Several directors (Savjibhai Patel, Usha Savjibhai Patel, Hiral Jainesh Shah, and Prakashkumar Govindbhai Nakarnai) ceased their positions due to a change in management control following a share purchase agreement with acquirers.
Key Highlights
- Mr. Pintu Kanjibhai Kalavadia appointed as Managing Director, subject to member approval.
- Mr. Ashish Dhirubhai Satani resigned as CFO, replaced by Mr. Jagdish Vijaybhai Pambhar.
- Change in management control due to share purchase agreement with new promoters.
- Several directors ceased positions due to the change in management control.
- Standalone and Consolidated Audited Financial Results for FY26 approved.
Price Impact
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