SJ Corporation Ltd — Important, 30-05-2026: Company Update

SJ Corporation's board approved audited financial results for the quarter and year ended March 31, 2026. A major ownership shift is underway, with new acquirers taking control through a share purchase of 11.35% equity valued at ₹5.90 Cr and an open offer for 26% more at ₹12 per share. Four new directors, including Mr. Pintu Kanjibhai Kalavadia as MD, and a new CFO were appointed. The company will relocate its registered office to Rajkot. The board also approved selling land for over ₹1.40 Cr to boost working capital and authorized higher borrowing limits, all pending shareholder approval.