Two promoters seek reclassification to public category

Ownership Changes View source PDF Explain this filing

Price reaction

Awaiting price reaction for this filing.

AI summary

SJ Corporation has applied to BSE to reclassify promoters Savji D Patel and Ushaben Savjibhai Patel from 'Promoter and Promoter Group' to 'Public Category' under SEBI LODR Regulation 31A. The board approved the reclassification on October 3, 2026, and the formal application was filed with BSE on October 7, 2026.

Likely market impact

Reduces promoter group as two individuals move to public category. No immediate price impact expected from the reclassification itself.