Announcement under Regulation 30 - Change in Management

SJ Corporation Ltd has undergone a complete change of management control. The existing promoters (Savji D Patel and Ushaben Savjibhai Patel) have sold their 11.35% stake to four new acquirers led by Pintu Kanjibhai Kalavadia and Prashant Kanjibhai Kalavadia (brothers) for Rs. 5.90 crore at Rs. 12 per share. The new management team includes appointing Pintu Kalavadia as Managing Director, Prashant Kalavadia as Executive Director, and two new Independent Directors. Four directors resigned due to this change including CFO Ashish Satani and three independent directors. The company also approved shifting its registered office from Mumbai to Rajkot. For FY 2025-26, standalone revenue was Rs. 2,103.65 lakhs with net profit of Rs. 71.21 lakhs, compared to a loss of Rs. 20.18 lakhs in the previous year.