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Management Change30 May 2026, 09:51 pm

SJ Corporation: CFO Ashish Satani Resigns, Jagdish Pambhar Appointed

AI Summary

SJ Corporation Ltd announced the resignation of CFO Ashish Dhirubhai Satani, effective May 30, 2026, due to a change in management control. Jagdish Vijaybhai Pambhar has been appointed as the new CFO, also effective May 30, 2026. The board also approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. Several changes in directors were also approved, including appointments and cessations due to the change in management control, following a share purchase agreement with acquirers.

Key Highlights

  • Ashish Dhirubhai Satani resigned as CFO of SJ Corporation, effective May 30, 2026.
  • Jagdish Vijaybhai Pambhar appointed as the new CFO, effective May 30, 2026.
  • Board approved audited financial results for the quarter and year ended March 31, 2026.
  • Several director appointments and cessations occurred due to change in management control.
  • Share purchase agreement led to changes in promoters and management.