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Open Offer26 Aug 2026, 12:37 pm

SJ Corporation: Pintu Kalavadia Acquires 1.44% Stake via Open Offer

AI Summary

SJ Corporation Ltd has received a disclosure under SEBI's Takeover Regulations regarding Pintu Kanjibhai Kalavadia's acquisition of 6,23,942 equity shares, representing 1.44% of the company's voting capital. This acquisition occurred through an Open Offer, which successfully closed on August 3, 2026. Following this transaction, Kalavadia's total holding increased to 88,35,816 shares. The total equity share capital of SJ Corporation remains unchanged at Rs. 4,33,55,000, divided into 4,33,55,000 equity shares of Re. 1 each.

Key Highlights

  • Pintu Kanjibhai Kalavadia acquired 1.44% stake in SJ Corporation.
  • Acquisition was made through an Open Offer mechanism.
  • Kalavadia's total holding now stands at 88,35,816 shares.
  • The Open Offer successfully closed on August 3, 2026.