With the reference to above subject we hereby submitting Non-Applicability of Statement for Deviation(s) or Variation(s) under Regulation 32 of SEBI (LODR)
Awaiting price reaction for this filing.
SJ Corporation Ltd has submitted a quarterly compliance filing to BSE confirming that the Statement of Deviation or Variation under SEBI's Regulation 32 is not applicable to the company for the quarter ended June 30, 2025. The company states there has been no deviation or variation in the use of proceeds raised from its earlier Initial Public Offer (IPO) and rights issue. The funds raised have been used strictly for the purposes originally disclosed in the prospectus and Letter of Offer. The filing is signed by Managing Director Deepak Upadhyay (DIN: 02270389) on August 7, 2025.
This is a routine regulatory compliance filing and has no material impact on the stock price or shareholders. It simply reassures investors that IPO and rights issue funds were used as originally promised, indicating good corporate governance.