Open Offer26 Aug 2026, 01:17 pm
Prashant Kalavadia Acquires 1.13% Stake in SJ Corporation via Open Offer
AI Summary
Prashant Kalavadia has acquired 4,91,648 equity shares, representing 1.13% of the total equity, in SJ Corporation Ltd through an open offer. This acquisition was successfully completed on August 3, 2026, following a public announcement on January 30, 2026. Kalavadia is identified as one of the proposed promoters of the company. The total diluted share capital of SJ Corporation after this acquisition stands at 4,37,03,522 shares.
Key Highlights
- Prashant Kalavadia acquired 1.13% stake in SJ Corporation.
- Acquisition was made through a successfully closed open offer.
- Kalavadia is a proposed promoter of SJ Corporation.
- The transaction involved 4,91,648 equity shares.
- Total diluted share capital post-acquisition is 4,37,03,522 shares.
Price Impact
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