Open Offer Completion Disclosure for SJ Corporation Limited

Offer Details

  • Offer Opening Date: Monday, July 13, 2026
  • Offer Closing Date: Friday, July 24, 2026 (with payment date Monday, August 03, 2026)
  • Offer Price: ₹12.00 per equity share
  • Total Shares Offered: 1,12,72,300 equity shares (26.00% of expanded voting share capital)
  • Total Offer Value (if fully subscribed): ₹13,52,67,600.00

Actual Tender Results

  • Equity Shares Tendered: 16,54,359
  • Equity Shares Accepted: 16,54,359
  • Actual Offer Size: ₹1,98,52,308.00 (3.82% of expanded voting share capital)

Acquisition Structure

The acquisition occurred through three components:

1. Share Purchase Agreement: Acquisition of 49,20,000 equity shares (11.35% of voting share capital)

2. Preferential Allotment: Equity shares allotted vide Board Resolution dated Friday, March 13, 2026 totaling 2,17,00,000 equity shares (50.05% of voting share capital)

3. Open Offer: Acquisition of 16,54,359 equity shares (3.82% of voting share capital)

Shareholding Changes

Pre-Offer to Post-Offer Acquirer Holding:

  • Pre-Offer: 0 shares (0%)
  • Post-Offer: 2,82,74,359 shares (65.22% of voting share capital)

Public Shareholder Holding Changes:

  • Pre-Offer (Pre-Preferential): 24,35,000 shares (29.14%)
  • Pre-Offer (Post-Preferential): 44,62,700 shares (10.29%)
  • Post-Offer (Pre-Preferential): 1,57,35,000 shares (36.29%)
  • Post-Offer (Post-Preferential): 1,40,80,641 shares (32.48%)

Publication Details

  • Post-offer advertisement published on Friday, August 07, 2026 in Financial Express (English, All Editions), Jansatta (Hindi, All Editions), and Mumbai Lakshadeep (Marathi, Mumbai Edition)
  • Copy available on websites of SEBI (www.sebi.gov.in), BSE Limited (www.bseindia.com), and registered office of SJ Corporation Limited

Manager Information

  • Manager to Offer: Diggi Corporate Advisors Private Limited
  • Address: 1309, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai - 400063
  • Contact Person: Mr. Tarun Prakash Dhandh (+91 98676 93581)
  • Grievance Email: info@diggicorporate.com

Registrar Information

  • Registrar to Offer: Integrated Registry Management Services Private Limited