Mandatory open offer by four acquirers for up to 1,12,72,300 shares (26% stake) in SJ Corporation Limited at ₹12 per share, aggregating ₹13.53 crore.
Offer triggered by share purchase agreement with existing promoters and preferential allotment of 2.17 crore shares to acquirers, resulting in change of control.
Tendering period scheduled from June 17 to July 1, 2026, with full financial arrangements made through escrow account with Axis Bank.
Target company has expanded voting capital to 4.33 crore shares post-preferential issue and acquired Fishfa Rubbers as wholly-owned subsidiary.