News Orders & Deals SJ Corporation Ltd Shareholders Unanimously Approve All Resolutions at Extraordinary General MeetingSJ Corporation Ltd Shareholders Unanimously Approve All Resolutions at Extraordinary General Meeting
SJ Corporation Ltd held its Extraordinary General Meeting on March 2, 2026, via video conferencing, where shareholders unanimously approved all four special resolutions with 100% voting in favor. The meeting achieved 85.6196% participation with 71,53,517 shares represented out of 83,55,000 total shares. Key approvals included equity share issuance on preferential basis, regularization of Mr. Maulik Pravinbhai Dalsaniya as Independent Director and Mr. Jagdish Vijaybhai Pambhar as Executive Director, and acquisition of Fishfa Rubbers Limited.
*this image is generated using AI for illustrative purposes only.
SJ Corporation Ltd successfully concluded its Extraordinary General Meeting (EOGM) on March 2, 2026, with shareholders demonstrating strong support by unanimously approving all proposed resolutions. The meeting, conducted through video conferencing from 11:30 A.M. to 11:44 A.M., addressed four critical business items that will shape the company's strategic direction.
Meeting Overview and Participation
The EOGM witnessed participation from 19 shareholders out of 493 total shareholders on the record date of February 23, 2026. The voting process covered 71,53,517 shares, representing 85.6196% of the company's total 83,55,000 shares.
| Parameter: | Details |
|---|---|
| Meeting Date: | March 2, 2026 |
| Meeting Duration: | 11:30 A.M. to 11:44 A.M. |
| Record Date: | February 23, 2026 |
| Total Shareholders: | 493 |
| Participating Shareholders: | 19 |
| Total Shares: | 83,55,000 |
| Votes Polled: | 71,53,517 |
| Voting Participation: | 85.6196% |
Approved Resolutions
All four special resolutions received unanimous approval with 100% votes in favor and zero votes against across all categories.
Resolution 1: Equity Share Issuance
Shareholders approved the issuance of equity shares on preferential basis to proposed promoters/promoter group and non-promoter/public category investors for cash consideration.
Resolution 2: Independent Director Appointment
The regularization of Mr. Maulik Pravinbhai Dalsaniya (DIN: 11409312) as Independent Director was approved, formalizing his position on the board.
Resolution 3: Executive Director Appointment
Mr. Jagdish Vijaybhai Pambhar (DIN: 11409403) was regularized as Executive Director, strengthening the company's leadership structure.
Resolution 4: Strategic Acquisition
Shareholders endorsed the acquisition of Fishfa Rubbers Limited (FRL) from existing shareholders, marking a significant expansion move.
Voting Results Summary
| Category: | Shares Held | Votes Polled | Participation % | Votes in Favor | Votes Against |
|---|---|---|---|---|---|
| Promoter and Promoter Group: | 59,20,000 | 59,20,000 | 100.00% | 59,20,000 | 0 |
| Public-Institutions: | 0 | 0 | 0.00% | 0 | 0 |
| Public-Non Institutions: | 24,35,000 | 12,33,517 | 50.6578% | 12,33,517 | 0 |
| Total: | 83,55,000 | 71,53,517 | 85.6196% | 71,53,517 | 0 |
E-Voting Process
The remote e-voting facility was provided by MUFG Intime India Pvt. Ltd from February 27, 2026 (9:00 A.M.) to March 1, 2026 (5:00 P.M.). Pooja Gala & Associates served as the scrutinizer, ensuring transparency and compliance with regulatory requirements.
The company published advertisements in Free Press Journal (English) and Navshakti (Marathi) newspapers on January 31, 2026, and February 4, 2026, informing shareholders about the meeting and voting procedures. The EOGM notice was dispatched via email on February 3, 2026, to shareholders with registered email addresses.
Regulatory Compliance
The meeting was conducted in full compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report confirmed adherence to all procedural requirements, with voting rights determined as of the February 23, 2026 record date.
The unanimous approval of all resolutions reflects strong shareholder confidence in the company's strategic initiatives, particularly the planned acquisition and board strengthening measures that position SJ Corporation Ltd for enhanced growth prospects.
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