BSECompany Update1d ago · 24 Sept 2026, 12:05 pm
Intimation of receipt of request for reclassification.
SJ Corporation Ltd · 504398
✦ AI SummaryPromoter Reclassif.
SJ Corporation Ltd has received a request from its promoters to reclassify from 'Promoter/Promoter Group Category' to 'Public Category' in accordance with SEBI regulations.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern6/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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SJ Corporation Ltd - 504398 - Intimation Of Receipt Of Request(S) For Reclassification From 'Promoter/Promoter Group Category' To 'Public Category' In Accordance With Regulation 31A(10) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
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SJ CORPORATION LIMITED
Registered office: 201, Shyam Bunglow, Plot No:199/200, Pushpa Colony, Fatimadevi
School Lane, Manchubhai Road, Malad (East), Mumbai-400097.
E-Mail: sjcorporation9@yahoo.Com TEL/FAX:022-35632262
CIN: L22199MH1981PLC452533
Date: 24-09-2026
BSE Limited
Phiroze Jeejeebhoy Towers, Dalal Street, Fort,
Mumbai - 400 001, Maharashtra, India.
Script Symbol: SJCORP| Script Code: 504398 | ISIN: INE312B01027
Subject: Intimation of receipt of request(s) for reclassification from “Promoter/Promoter Group
Category” to “Public Category” in accordance with Regulation 31A(10) of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir,
Pursuant to Regulation 31A(10)(ii) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended, (Listing Regulations), we hereby inform you that, Pintu Kanjibhai
Kalavadia (“Acquirer/Proposed Promoter No. 1”), Prashant Kanjibhai Kalavadia
(“Acquirer/Proposed Promoter No. 2”), Umang Kantilal Savani (“Acquirer/Proposed Promoter
No.3”), Kalpesh Patel (“Acquirer/Proposed Promoter No. 4”) has completed the open offer on 03rd
August, 2026.
With reference to the captioned subject and in compliance with Regulation 31A(10) of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) and
pursuant to the execution of Share Purchase Agreement dated 30th January, 2026 between (A) Savji
D Patel, (B) Ushaben Savjibhai Patel, (hereinafter collectively referred to as ‘Sellers’) and Pintu
Kanjibhai Kalavadia, Prashant Kanjibhai Kalavadia, Umang Kantilal Savani, Kalpesh Patel
(hereinafter collectively referred to as ‘Buyers’) and the Open Offer, we hereby inform you that the
Company is in receipt of request(s) dated 24th September 2026 from ((A) Savji D Patel, (B) Ushaben
Savjibhai Patel, part of Promoter and Promoter Group of the Company, seeking reclassification from
the “Promoter/Promoter Group Category” to “Public Category” in accordance with Regulation
31A(10) of the Listing Regulations.
We further inform you that the intention of the aforementioned Promoter and Promoter Group
members to be reclassified to “Public Category” has been clearly disclosed in the Letter of Offer.
The copies of the re-classification request(s) and the Letter of Offer are enclosed herewith.
This is for your information and record.
For SJ CORPORATION LIMITED
PINTU K KALAVADIA
MANAGING DIRECTOR
DIN: 00385068