Announced Sat, 12 Sept, 2026 · 14:52 IST
Promoter Ushaben Patel cuts 4.14 percent stake in SJ Corporation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoter Ushaben Savjibhai Patel sold 17,96,000 shares equal to 4.14 percent of SJ Corporation off-market on 10 Sep 2026 under a Share Purchase Agreement signed 30 Jan 2026, after the linked open offer closed on 3 Aug 2026. Her holding fell from 27,96,000 shares (6.45 percent) to 10,00,000 shares (2.31 percent). Total equity capital stays unchanged at 4,33,55,000 shares of Re 1 each.
Likely market impact
Insider selling via SPA signals reduced promoter confidence; reduced post-offer supply overhang may aid price discovery.