Shareholding15 Sept 2026, 10:32 am
Umang Savani Acquires 2.98% Stake in SJ Corporation
AI Summary
Umang Kantilal Savani has acquired 12,93,578 equity shares, representing 2.98% of the total equity, in SJ Corporation Limited. This acquisition was made pursuant to a Share Purchase Agreement dated January 30, 2026, and an open offer that successfully closed on August 3, 2026. Following the transaction, Umang Kantilal Savani's total holding in SJ Corporation Limited increased to 59,89,822 shares. The company's equity share capital remains unchanged at Rs. 4,33,55,000, divided into 4,33,55,000 equity shares of Re. 1 each.
Key Highlights
- Umang Kantilal Savani acquired 2.98% stake in SJ Corporation.
- Acquisition was via Share Purchase Agreement and Open Offer.
- Savani's total holding now stands at 59,89,822 shares.
- Transaction details filed under SEBI Takeover Regulations.
- No change in SJ Corporation's total equity share capital.
Price Impact
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