SJ Corporation Ltd Shareholders Unanimously Approve All Resolutions at EGM
SJ Corporation Ltd successfully conducted its Extraordinary General Meeting on March 2, 2026, with unanimous shareholder approval for all four special resolutions including preferential equity share issuance, director appointments of Mr. Maulik Pravinbhai Dalsaniya as Independent Director and Mr. Jagdish Vijaybhai Pambhar as Executive Director, and the strategic acquisition of Fishfa Rubbers Limited, demonstrating strong stakeholder confidence in the company's growth initiatives.
*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. The scrutinizer's report, prepared by Pooja Gala & Associates, confirmed complete regulatory compliance and transparent voting procedures.
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.
Detailed Voting Results
The scrutinizer's report provided comprehensive voting breakdown across all shareholder categories:
| 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 and Compliance
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 maintained full compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Documentation
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. The scrutinizer confirmed adherence to all procedural requirements under Rule 22 of the Companies (Management and Administration) Rules, 2014.
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.
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
