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Management Change30 May 2026, 09:51 pm

SJ Corporation: Management Changes, New CFO Appointed

AI Summary

SJ Corporation Ltd's board meeting on May 30, 2026, approved the audited financial results for the year ended March 31, 2026, and several changes in the board of directors. New directors were appointed, including Mr. Pintu Kanjibhai Kalavadia as Managing Director, and Mr. Jagdish Vijaybhai Pambhar as CFO, replacing Mr. Ashish Dhirubhai Satani. Several directors, including Savjibhai Patel and Ushaben Savjibhai Patel, ceased their positions due to a change in management control following a share purchase agreement.

Key Highlights

  • Mr. Pintu Kanjibhai Kalavadia appointed as Managing Director, subject to member approval.
  • Mr. Jagdish Vijaybhai Pambhar appointed as Chief Financial Officer (CFO) effective May 30, 2026.
  • Mr. Ashish Dhirubhai Satani resigned as CFO due to change in management control.
  • Several directors ceased positions due to change in management control following a share purchase agreement.
  • Standalone and Consolidated Audited Financial Results for year ended 31st March, 2026 approved.