Announced Tue, 15 Sept, 2026 · 10:34 IST
Promoter Pintu Kalavadia raises stake in SJ Corp to 24.66%
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Pintu Kanjibhai Kalavadia, part of promoter group of SJ Corporation Ltd, acquired 18,56,031 shares (4.28%) via off-market deal under a Share Purchase Agreement dated 30 Jan 2026. His holding rose from 20.38% (88.35 lakh shares) to 24.66% (1.07 crore shares). The deal follows an open offer that closed on 3 Aug 2026. Equity capital remains at Rs 4.34 crore divided into 4.34 crore shares of Re 1 each.
Likely market impact
Promoter stake rises post open offer completion, showing stronger promoter control. No new equity issued, so no dilution.