SJS Enterprises shareholders have approved a special resolution to shift the company’s registered office from Karnataka to Maharashtra. The vote concluded on September 6, 2026, with overwhelming support from equity holders.

The resolution, which also includes consequential amendments to the Memorandum of Association, was passed through a postal ballot process conducted via remote e-voting. The company notified stock exchanges of the result on September 7, 2026.

Voting Breakdown

A total of 75,130 shareholders were eligible to vote as on the record date of July 31, 2026. The e-voting facility was provided by MUFG Intime India Private Limited.

Only 335 votes were cast against the resolution, representing 0.0016% of the total votes polled. No invalid votes were recorded.

What the Numbers Show

The voting data reveals near-unanimous backing from both promoter and institutional investors. Promoter group members held 6,447,781 shares but polled 6,447,581 votes, indicating a participation rate of 99.99%. Similarly, public institutions polled 84.40% of their outstanding shares. In contrast, public non-institutional shareholders showed significantly lower engagement, polling only 8.97% of their shares, though those who did vote supported the move almost entirely.

S.J.S. Enterprises Limited incorporated a wholly owned subsidiary, SJS Display Electronics Private Limited, on August 31, 2026. The new entity aims to manufacture and assemble displays for automotive and consumer applications.

The company received the Certificate of Incorporation from the Ministry of Corporate Affairs on the same date. This move follows earlier disclosures made on August 6, 2026, regarding the planned expansion into display electronics.

Subsidiary Details

SJS Enterprises structured the new entity with a focus on the automotive ancillary and consumer durables sectors. The subsidiary is yet to commence commercial operations.

The company subscribed to 100% of the share capital in cash, totaling ₹5,00,000. No governmental or regulatory approvals were required for this incorporation.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thabraz Hushain W., Company Secretary & Compliance Officer, signed the intimation sent to the National Stock Exchange of India Limited and BSE Limited.

As the subsidiary was incorporated recently, there is no historical turnover data for the preceding three financial years. The promoter group has no interest in the entity other than the shareholding held by the listed company.