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Shareholding12 Sept 2026, 03:00 pm

SJ Corporation: Ushaben Patel Sells 4.14% Stake

AI Summary

SJ Corporation Ltd has disclosed a significant shareholding change. Ushaben Savjibhai Patel has sold 17,96,000 equity shares, representing 4.14% of the total share capital, in an off-market transaction. This sale was executed as per a Share Purchase Agreement dated January 30, 2026, following the successful completion of an open offer on August 3, 2026. Post-sale, Ushaben Savjibhai Patel's holding in SJ Corporation Ltd has reduced to 10,00,000 equity shares. The total equity share capital of the company remains unchanged at Rs. 4,33,55,000, divided into 4,33,55,000 equity shares of Re. 1 each.

Key Highlights

  • Ushaben Savjibhai Patel sold 17,96,000 shares (4.14%) of SJ Corporation Ltd.
  • The transaction was an off-market sale via Share Purchase Agreement.
  • The sale follows a successfully completed open offer on August 3, 2026.
  • Ushaben Savjibhai Patel's post-sale holding is 10,00,000 shares.
  • The company's total equity capital remains stable.