SJ Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2026 ,inter alia, to consider and approve Please find attached Intimation ....
Awaiting price reaction for this filing.
SJ Corporation Ltd has informed BSE that its Board of Directors will meet on Friday, January 30, 2026. The Board will consider raising funds through multiple possible routes, including equity shares, warrants convertible into equity, fully or partly convertible debentures, NCDs with warrants, via private placement, QIP, preferential issue, rights issue, or further public issue. It will also consider changing the main object clause of the Memorandum of Association, which points to a possible shift or expansion in core business activities. A Postal Ballot or EGM notice will be drafted to seek shareholder approval for these proposals. The intimation is filed under SEBI LODR Regulations 29 and 30.
This is a pre-announcement and no decision has been made yet. If the fund-raising plan goes ahead, existing shareholders could face equity dilution depending on the instrument chosen. The proposed change in the main object clause hints at a potential change in business direction, which shareholders should watch closely once details emerge.