BSESJ Corporation LtdHighPositive
Announced Wed, 26 Aug, 2026 · 12:51 IST
Promoter Umang Savani acquires 1% in SJ Corp via open offer
Price reaction
Awaiting price reaction for this filing.
AI summary
Umang Kantilal Savani, proposed promoter of SJ Corporation, acquired 4,35,042 shares (1.00%) via off-market transaction pursuant to the open offer, dated 21 August 2026. Holding rises from 9.83% (42,61,202 shares) to 10.83% (46,96,244 shares). The open offer announced on 30 January 2026 closed successfully on 3 August 2026.
Likely market impact
Promoter stake crosses 10% threshold via open offer completion, signaling promoter confidence in the company.