StockWatch
·
Gems- Jewellery And Watches
Shareholding12 Sept 2026, 03:41 pm

Prashant K Kalavadia Acquires 3.37% Stake in SJ Corporation

AI Summary

Prashant K Kalavadia has acquired 14,62,251 equity shares, representing 3.37% of the total share capital, in SJ Corporation Limited. This acquisition was made pursuant to a Share Purchase Agreement dated January 30, 2026, with existing promoters, following a successfully closed Open Offer on August 3, 2026. The total equity share capital of SJ Corporation Limited remains Rs. 4,33,55,000, divided into 4,33,55,000 equity shares of Re. 1 each, both before and after the acquisition. The transaction was completed on September 10, 2026.

Key Highlights

  • Acquirer Prashant K Kalavadia bought 3.37% stake in SJ Corporation.
  • Acquisition completed via Share Purchase Agreement and Open Offer.
  • Total equity capital remains unchanged at Rs. 4.33 Cr.
  • Transaction date is September 10, 2026.