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Open Offer2 Sept 2026, 10:30 am

SJ Corporation: Pintu Kalavadia Discloses Open Offer Share Acquisition

AI Summary

SJ Corporation Ltd has received a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, from Pintu Kanjibhai Kalavadia. The disclosure pertains to the acquisition of 55 equity shares, representing 0.00% of the company's total equity, as part of an open offer. Pintu Kanjibhai Kalavadia is identified as a proposed promoter of the company. The open offer was successfully closed on August 3, 2026. Following the acquisition, Kalavadia holds 8,835,871 shares, representing 20.38% of the company's equity capital.

Key Highlights

  • Pintu Kanjibhai Kalavadia acquired shares via an open offer.
  • The acquisition represents 0.00% of SJ Corporation's equity.
  • Kalavadia is a proposed promoter of the company.
  • Post-acquisition, Kalavadia holds 20.38% stake.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.