SJ Corporation Ltd has completed a significant preferential allotment involving seven entities, including four proposed promoters and three non-promoters, marking a major restructuring of the company's shareholding pattern. The comprehensive transaction was disclosed through regulatory filings under SEBI (SAST) Regulations, 2011.

Preferential Allotment Overview

The company allotted a total of 3,50,00,000 equity shares through preferential allotment on March 20, 2026. The allotment significantly expanded the company's equity base and introduced new stakeholders across different categories.

Proposed Promoters Acquisition

Four entities acquired shares as proposed promoters, collectively obtaining 2,17,00,000 equity shares representing 50.05% of the expanded share capital. These acquisitions are part of a management change initiative requiring SEBI approval.

Non-Promoter Investments

Three non-promoter entities acquired 1,28,00,000 equity shares, representing 29.52% of the expanded share capital. These include institutional investors and strategic advisory firms.

Capital Structure Transformation

The preferential allotment resulted in a substantial expansion of SJ Corporation's equity base. The company's share capital increased by over 400%, from ₹83.55 lakh to ₹4.34 crore, with the total number of equity shares rising from 83.55 lakh to 4.34 crore shares.

Regulatory Compliance and Management Change

All disclosures were filed in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The proposed promoters had previously announced an open offer dated January 30, 2026, with SEBI approval for the management change still awaited. The company's shares are listed on BSE Ltd under scrip code 504398.

Apex Advisors LLP has acquired a significant equity stake in SJ Corporation Limited through preferential allotment, as disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition represents another major development in the company's evolving ownership structure.

Acquisition Details

The transaction involved the acquisition of 27,50,000 equity shares, representing 6.34% of SJ Corporation Limited's expanded share capital. Prior to this acquisition, Apex Advisors LLP held no shares in the company, making this their initial investment in the entity.

Share Capital Structure

The preferential allotment has contributed to the substantial expansion of SJ Corporation's equity share capital. The company's share capital structure shows significant changes following this transaction.

Regulatory Compliance and Documentation

The disclosure was filed with BSE Limited on 24/03/2026 by Aadi Vachhani, Designated Partner of Apex Advisors LLP (DIN: 11424530), fulfilling the regulatory requirements under Regulation 29(1) of SEBI (SAST) Regulations, 2011. The filing confirms that Apex Advisors LLP does not belong to the promoter or promoter group category.

Current Holdings and Position

Following the preferential allotment, Apex Advisors LLP's total shareholding in SJ Corporation Limited stands at 27,50,000 equity shares, representing 6.34% of both the total share capital and diluted share capital. The acquirer holds no voting rights through instruments other than equity shares, and no shares are under any form of encumbrance.

The transaction positions Apex Advisors LLP as a notable stakeholder in SJ Corporation Limited, with the company's shares continuing to be listed on BSE Limited. This acquisition adds to the recent series of preferential allotments by the company as part of its capital restructuring initiatives.