SJ Corp promoter Pintu Kalavadia acquires 55 shares via open offer
- Pintu Kanjibhai Kalavadia acquired 55 equity shares of SJ Corporation Ltd via open offer
- Total holding increased to 88,35,871 shares, maintaining a 20.38% stake
- Disclosure filed under SEBI SAST Regulation 29(2) on September 1, 2026
- No encumbrances or pledged shares reported in the promoter's holding

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Pintu Kanjibhai Kalavadia, a promoter of SJ Corporation Limited, acquired 55 equity shares of the company. The acquisition was executed pursuant to the open offer made by the company, which closed on August 3, 2026.
The transaction was reported to the Bombay Stock Exchange on September 1, 2026. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Holding Details
Prior to this acquisition, Kalavadia held 88,35,816 shares, representing 20.38% of the total voting capital. Following the purchase of 55 shares, his total holding stands at 88,35,871 shares. The percentage stake remains unchanged at 20.38%.
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares held | 88,35,816 | 88,35,871 |
| Stake percentage | 20.38% | 20.38% |
| Encumbered shares | 0 | 0 |
The mode of acquisition is classified as off-market, specifically noting that the shares were acquired in the open offer. There are no encumbrances, warrants, or convertible securities associated with this holding.
Corporate Structure
SJ Corporation Limited has an equity share capital of ₹43,355,000, divided into 43,355,000 equity shares of ₹1 each. This capital structure remained unchanged before and after the acquisition.
Kalavadia had previously announced the open offer via a public announcement dated January 30, 2026. The offer successfully closed on August 3, 2026, leading to this minor adjustment in his shareholding.
What strategic initiatives does SJ Corporation plan to undertake now that the open offer process has concluded?
How might the promoter's consistent 20.38% stake influence future corporate governance decisions or potential M&A activities?
Are there any upcoming regulatory filings or lock-in period expirations associated with shares acquired during this open offer?

































