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

SJ Corporation's board has approved audited financial results for the quarter and year ended March 31, 2026, with an unmodified auditor's opinion. The company is undergoing a significant leadership transition following a change in management control. A new Managing Director, Executive Director, Independent Directors, and CFO were appointed, while several existing directors ceased. New acquirers purchased 49.20 Lakh shares for 5.90 Cr, triggering the control change. Operations are also shifting, with the registered office moving to Rajkot, Gujarat, where the new management is based. The company plans to sell land for at least 1.40 Cr to bolster working capital, subject to shareholder approval.