SJ Corporation Ltd Appoints Two Additional Directors Effective January 1, 2026

2 min read     Updated on 01 Jan 2026, 04:15 PM
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Shriram SScanX News Team
Overview

SJ Corporation Ltd has appointed Mr. Maulik Pravinbhai Dalsaniya as additional non-executive independent director and Mr. Jagdish Vijaybhai Pambhar as additional executive non-independent director, both effective January 1, 2026. The appointments are for five-year terms subject to members' approval and bring over 28 years of combined financial and accounting expertise to the board. Both directors meet all regulatory compliance requirements and are not related to the promoter group.

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SJ Corporation Ltd has announced the strategic appointment of two additional directors to its board, effective January 1, 2026. The appointments of Mr. Maulik Pravinbhai Dalsaniya and Mr. Jagdish Vijaybhai Pambhar represent a significant strengthening of the company's leadership structure and bring substantial financial expertise to the organization.

Board Appointments Overview

The company has made these appointments under Regulation 30 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both directors will serve five-year terms, subject to members' approval at the appropriate general meeting.

Director Details: Mr. Maulik Pravinbhai Dalsaniya Mr. Jagdish Vijaybhai Pambhar
Position: Additional Non-Executive Independent Director Additional Executive Non-Independent Director
Effective Date: January 1, 2026 January 1, 2026
Term Duration: Five years Five years
Approval Status: Subject to members' approval Subject to members' approval

Professional Background and Expertise

Mr. Maulik Pravinbhai Dalsaniya brings over 12 years of specialized experience in accounting and financial operations to his role as independent director. He holds a Master's degree in Commerce and has demonstrated expertise in ensuring accuracy and efficiency in financial processes. His professional background encompasses comprehensive experience in financial reporting and regulatory compliance, making him well-suited for the independent oversight role.

Mr. Jagdish Vijaybhai Pambhar contributes more than 16 years of experience as a detail-oriented and results-driven Account & Finance Manager. He holds a Bachelor's degree in Commerce and possesses proven expertise in financial planning, budgeting, accounting operations, and compliance management. His skill set includes managing financial records, preparing comprehensive reports, optimizing costs, and supporting strategic business decisions. He is recognized for his strong analytical abilities combined with excellent leadership and communication skills.

Regulatory Compliance and Independence

Both appointees meet all regulatory requirements for their respective positions. The company has confirmed that neither director is related to the promoter or members of the promoter group. Additionally, both individuals are not debarred from holding director positions by virtue of any SEBI order or other regulatory authority, ensuring full compliance with corporate governance standards.

Strategic Impact

These appointments reflect SJ Corporation Ltd's commitment to strengthening its board composition with experienced professionals who bring complementary skills in financial management and strategic oversight. The combination of independent and executive perspectives is expected to enhance the company's governance framework and support its operational objectives moving forward.

Historical Stock Returns for S&T Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+4.09%-6.56%-16.84%-17.41%-46.34%+284.13%
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S&T Corporation Diversifies Operations with Textile and Yarn Trading

1 min read     Updated on 20 Nov 2025, 05:02 PM
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Reviewed by
Radhika SScanX News Team
Overview

S&T Corporation, known for construction and real estate, has approved re-entry into textile and yarn trading. The decision, made during a board meeting on November 20, 2025, aims to diversify revenue streams and is expected to increase turnover and income. This move aligns with the company's Main Object Clause and complies with SEBI regulations.

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S&T Corporation , a company primarily known for its construction and real estate operations, has announced a strategic move to diversify its business activities. The Board of Directors has approved the re-commencement of textile and yarn trading business, alongside its existing operations.

Business Expansion Details

The company disclosed this development in a regulatory filing to the BSE Limited on November 20, 2025. According to the filing, the decision was made during a board meeting that commenced at 4:00 p.m. and concluded at 4:30 p.m. on the same day.

Expected Impact

S&T Corporation expects this diversification to have a positive impact on its financial performance. The company stated that the addition of textile and yarn trading activities is anticipated to increase both turnover and income. This move aligns with the Main Object Clause of the company's Memorandum of Association, indicating that it falls within the scope of the company's intended business activities.

Strategic Implications

The decision to re-enter the textile and yarn trading business suggests that S&T Corporation is looking to:

  1. Diversify its revenue streams
  2. Potentially capitalize on opportunities in the textile sector
  3. Balance its portfolio between real estate and trading activities

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with its stakeholders.

While the company expects positive outcomes from this business expansion, investors and market watchers will likely keep a close eye on how this diversification strategy unfolds and impacts the company's overall performance in the coming quarters.

Historical Stock Returns for S&T Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+4.09%-6.56%-16.84%-17.41%-46.34%+284.13%
S&T Corporation
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