ALPHA TRIBE

SJ Corporation LtdImportant, 31-01-2026: Company Update

31-01-2026 | 01:27 pm

SJ Corporation Limited is subject to an open offer by four acquirers to purchase up to 1.13 Cr shares, representing 26.00% of its expanded voting capital, at ₹12.00 per share in cash. This offer, totaling ₹13.53 Cr, was triggered by the acquirers' agreements to buy a significant stake and gain control of the company, including a preferential issue. Existing promoters will transfer control and seek reclassification. Public shareholders have an option to tender their shares.

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