BSESJ Corporation LtdHighPositive
Announced Wed, 26 Aug, 2026 · 12:51 IST

Promoter Umang Savani acquires 1% in SJ Corp via open offer

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDFExplain this filing
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.