BSESJ Corporation LtdHighPositive
Announced Wed, 26 Aug, 2026 · 13:16 IST
Promoter Prashant Kalavadia acquires 1.13% stake via open offer
Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Prashant Kalavadia, a proposed promoter of SJ Corporation, acquired 4,91,648 equity shares (1.13%) through the recently closed open offer, taking his holding from 18.94% to 20.08%. The open offer closed on 3 August 2026 and shares were received on 21 August 2026.
Likely market impact
Promoter stake rises to 20.08%, approaching the 25% open offer trigger threshold. Signals continued promoter confidence in the company.