Open Offer26 Aug 2026, 12:52 pm
Umang Savani Acquires 1% Stake in SJ Corporation via Open Offer
AI Summary
Umang Kantilal Savani has acquired 4,35,042 equity shares, representing 1.00% of the total equity, in SJ Corporation Ltd through an open offer. This acquisition brings his total shareholding to 46,96,244 shares, or 10.83% of the company's equity. The open offer was successfully closed on August 3rd, 2026. Savani is identified as one of the proposed promoters of SJ Corporation Ltd.
Key Highlights
- Umang Kantilal Savani acquired 1.00% stake in SJ Corporation.
- Acquisition was made through an open offer, now successfully closed.
- Savani's total holding increased to 10.83% post-acquisition.
- He is identified as a proposed promoter of the company.
Price Impact
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