SJ Corporation Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing relates to the quarter ended 31st March, 2026, demonstrating the company's adherence to securities market regulations.

Regulatory Compliance Filing

The company filed the certificate on 7th April, 2026, in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was originally dated 3rd April, 2026, and was received from MUFG Intime India Pvt. Ltd, which serves as the company's Registrar and Transfer Agents.

Certificate Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, provided comprehensive confirmation regarding the handling of securities during the quarter. The Registrar confirmed that all securities received from depository participants for dematerialisation during the quarter ended 31st March, 2026, were properly processed and confirmed to the depositories.

The certificate specifically states that:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• Security certificates received were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed

Corporate Information

SJ Corporation Limited operates from its registered office at 201, Shyam Bungalow, Plot No.199/200, Pushpa Colony, Fatimadevi School Lane, Manchubhai Road, Malad (East), Mumbai - 400097. The company trades on BSE Limited under the script symbol SJCORP with script code 504398.

The filing was signed by Deepak Upadhyay, Managing Director of SJ Corporation Limited, while Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, signed the confirmation certificate. This regulatory filing demonstrates the company's commitment to maintaining compliance with SEBI regulations governing depositories and participant operations.

SJ Corporation Ltd has reported substantial dilution in promoter shareholdings following a preferential allotment of equity shares completed on March 20, 2026. The development represents a significant change in the company's ownership structure, with multiple promoters experiencing percentage stake declines due to the issuance of 3.50 crore new equity shares to proposed promoters and non-promoters.

Shareholding Changes

The company witnessed significant dilution across promoter holdings following the preferential allotment. Promoter Savji D. Patel's shareholding decreased from 37.39% to 7.21%, while Ushaben Savjibhai Patel experienced a decline from 33.46% to 6.45%. Both promoters maintained their absolute share holdings of 31.24 lakh and 27.96 lakh shares respectively despite the percentage dilution.

Capital Structure Expansion

The company's equity capital underwent significant expansion through the preferential allotment. The total equity share capital increased from ₹83.55 lakh to ₹4.34 crore, with the share count rising from 83.55 lakh to 4.34 crore equity shares of Re. 1 each. The company allotted 3.50 crore new equity shares through this preferential allotment.

Regulatory Compliance

The disclosures were made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Both Savji D. Patel and Ushaben Savjibhai Patel, identified as promoters of the company, submitted the required documentation to BSE Limited on March 31, 2026. The company communicated these changes to BSE Limited on April 2, 2026, with shares listed under scrip code 504398.

Transaction Impact

The preferential allotment completed on March 20, 2026, resulted in the dilution of existing shareholders' percentage holdings without any actual sale or transfer of shares from promoter holdings. The issuance of 3.50 crore new shares to other parties reduced proportionate ownership across existing stakeholders. The transaction involved no encumbrances, voting rights transfers, or convertible securities, representing a standard capital raising exercise through preferential allotment to strengthen the company's financial position.