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Open Offer10 Jul 2026, 04:03 pm

SJ Corporation: Open Offer Advertisement Cum Corrigendum Published

AI Summary

Diggi Corporate Advisors Pvt. Ltd., acting as the Manager to the Offer, has submitted a Pre-Offer Advertisement cum Corrigendum to the Public Announcement and Detailed Public Statement to BSE. This announcement pertains to an open offer made by Mr. Pintu Kanjibhai Kalavadia, Mr. Prashant Kanjibhai Kalavadia, Mr. Umang Kantilal Savani, and Mr. Kalpesh Patel for the acquisition of up to 1,12,72,300 equity shares, representing 26.00% of SJ Corporation Limited's expanded share capital. The offer price is ₹12.00 per share, payable in cash. The advertisement was published on July 10, 2026, in Financial Express, Jansatta, and Mumbai Lakshadeep, in compliance with SEBI (SAST) Regulations.

Key Highlights

  • Open offer for 26% of SJ Corporation's expanded share capital.
  • Acquisition by four individuals: Kalavadia, Savani, and Patel.
  • Offer price set at ₹12.00 per equity share.
  • Pre-Offer Advertisement cum Corrigendum published on July 10, 2026.
  • Compliance with SEBI (SAST) Regulations, 2011.