Announced Fri, 10 Jul · 16:00 IST
Pre-Offer Ad for SJ Corporation Open Offer at Rs 12 per share
Compliance View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹148.30
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.2+15.7+21.5+19.0+20.8—————
Up moveDown movePending
AI summary
Pre-Offer Advertisement published for Open Offer on SJ Corporation Limited by 4 acquirers led by Pintu and Prashant Kalavadia. Offer for up to 1.12 crore shares (26% of expanded capital) at Rs 12 per share in cash, no price revision. Tendering period July 13 to July 24, 2026. IDC finds offer fair and reasonable. Acquirers already hold 50.05% via preferential issue plus 11.35% via share purchase; post offer holding will rise to 87.40%. Existing promoters to be declassified.
Likely market impact
Change of control imminent. Acquirers to hold 87.40% post offer. Public shareholders can tender between July 13 and July 24 at Rs 12 per share.