SJ Corporation Limited has published a notice in newspapers informing shareholders about its postal ballot and e-voting process. The notice appeared in The Free Press Journal (English) and Navshakti (Marathi) on June 3, 2026, complying with Regulation 47 of the SEBI (LODR) Regulations, 2015. The company is seeking shareholder approval for 12 resolutions, including a proposal to shift its registered office from Maharashtra to Gujarat to align with new management and improve operational efficiency.

The Board of Directors, in its meeting held on May 30, 2026, approved the appointment of Ms. Aparna Tripathi from M/s. Aparna Tripathi & Associate as the Scrutinizer. The remote e-voting period commences on June 04, 2026, at 9:00 a.m. IST and concludes on July 03, 2026, at 5:00 p.m. IST. Members whose names appear in the Register of Members as of the close of business hours on May 29, 2026, are eligible to vote.

Key Resolutions for Approval

The resolutions cover governance and financial matters. Item 1 seeks approval for shifting the registered office from Maharashtra to Gujarat. Item 2 proposes the appointment and regularization of Mr. Pintu Kanjibhai Kalavadia (DIN: 00385068) as Managing Director. Item 3 seeks the re-designation of Mr. Deepak Bhikhalal Upadhyay (DIN: 02270389) from Managing Director to Executive Director for five years commencing May 31, 2026.

Further resolutions include the regularization of additional directors. Mr. Prashant Kanjibhai Kalavadia (DIN: 02170444) is proposed to be appointed as Executive Director, while Ms. Ekta Ankur Dholakia (DIN: 10150882) and Mr. Pragnesh Kishorbhai Sonchhatra (DIN: 11605316) are proposed to be appointed as Independent Directors for a term of five years.

Financial Authorizations and Related Party Transactions

The company seeks approval to increase its overall borrowing limits to ₹100 crore. Additionally, shareholders are asked to approve the creation of charges on the company’s assets to secure these borrowings. The company also seeks authorization to advance loans, provide guarantees, or give security up to ₹100 crore under Section 185 of the Companies Act, 2013.

Approval is also sought for investments, loans, and guarantees under Section 186 of the Companies Act, 2013, with limits not exceeding ₹100 crore. An ordinary resolution proposes approval for material related party transactions during the financial year 2026-2027. The related parties include Fishfa Rubbers Limited, Fishfa World Trade Limited, and Fishfa Biogenics Limited, among others, with transaction values set at ₹50 crore each.

Sale of Property and Voting Details

A special resolution seeks approval for the sale of company-owned land at Kosmada, Taluka-Kamrej, Surat, to Dudhat Ashvin Himmatbhai for a consideration not less than ₹1,40,50,000. The results of the postal ballot will be announced within two working days from the close of the voting period and will be hosted on the company’s website.

SJ Corporation Limited reported a net profit of ₹71.21 lakh for the financial year ended March 31, 2026, reversing from a net loss of ₹20.18 lakh in the previous year. Total income from operations for the year increased to ₹2,193.30 lakh from ₹1,543.24 lakh in FY25. The company's board approved the audited financial results at a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the company reported a net profit of ₹34.11 lakh, up from ₹11.22 lakh in the corresponding quarter of the previous year. Total income from operations for the quarter stood at ₹444.30 lakh. The statutory auditor issued an audit report with an unmodified opinion on the results.

A significant development during the quarter was the acquisition of a majority shareholding in Fisha Rubbers Ltd, which has become a subsidiary of the company. Consequently, this is the first quarter for which consolidated financial statements have been prepared. In previous quarters and the prior year, the company had no subsidiaries, and thus, comparative figures for previous periods represent standalone financial statements only.

On a consolidated basis, the company reported a net loss of ₹23.89 lakh for the year ended March 31, 2026, compared to a loss of ₹20.18 lakh in the previous year. Total income from operations for the consolidated entity was ₹2,553.75 lakh for the year. The financial results were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015.

Financial Results for the Year Ended March 31, 2026

The paid-up share capital of the company increased to ₹433.55 lakh in FY26 from ₹83.55 lakh in the previous year. The results for the quarter and year ended March 31, 2026 are available on the BSE Limited website and the company's website.