SJ Corporation Limited: Apex Advisors LLP Acquires 6.34% Stake Through Preferential Allotment

Apex Advisors LLP has acquired a significant equity stake in SJ Corporation Limited through preferential allotment, as disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition represents another major development in the company's evolving ownership structure.

Acquisition Details

The transaction involved the acquisition of 27,50,000 equity shares, representing 6.34% of SJ Corporation Limited's expanded share capital. Prior to this acquisition, Apex Advisors LLP held no shares in the company, making this their initial investment in the entity.

Parameter: Details Shares Acquired: 27,50,000 Percentage Stake: 6.34% Mode of Acquisition: Preferential Allotment Date of Allotment: 20/03/2026 Acquirer Status: Non-Promoter PAN: ACMFA4473B

Share Capital Structure

The preferential allotment has contributed to the substantial expansion of SJ Corporation's equity share capital. The company's share capital structure shows significant changes following this transaction.

Metric: Before Acquisition After Acquisition Total Equity Capital: Rs. 83,55,000 Rs. 4,33,55,000 Number of Shares: 83,55,000 4,33,55,000 Face Value per Share: Re. 1 Re. 1

Regulatory Compliance and Documentation

The disclosure was filed with BSE Limited on 24/03/2026 by Aadi Vachhani, Designated Partner of Apex Advisors LLP (DIN: 11424530), fulfilling the regulatory requirements under Regulation 29(1) of SEBI (SAST) Regulations, 2011. The filing confirms that Apex Advisors LLP does not belong to the promoter or promoter group category.

Current Holdings and Position

Following the preferential allotment, Apex Advisors LLP's total shareholding in SJ Corporation Limited stands at 27,50,000 equity shares, representing 6.34% of both the total share capital and diluted share capital. The acquirer holds no voting rights through instruments other than equity shares, and no shares are under any form of encumbrance.

The transaction positions Apex Advisors LLP as a notable stakeholder in SJ Corporation Limited, with the company's shares continuing to be listed on BSE Limited. This acquisition adds to the recent series of preferential allotments by the company as part of its capital restructuring initiatives.

SJ Corporation Limited has announced a significant equity acquisition by proposed promoter Kalpesh Patel, who acquired 10,15,050 equity shares representing 2.34% of the company's voting capital through preferential allotment. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, dated March 24, 2026.

Acquisition Details

The preferential allotment was completed on March 20, 2026, marking Patel's entry as a shareholder in the BSE-listed company. Prior to this acquisition, Patel held no equity shares or voting rights in SJ Corporation Limited.

Parameter: Details Acquirer: Kalpesh Patel Shares Acquired: 10,15,050 equity shares Acquisition Method: Preferential Allotment Stake Percentage: 2.34% Allotment Date: March 20, 2026 Status: Proposed Promoter

Shareholding Pattern Changes

The acquisition resulted in substantial changes to the company's capital structure. The equity share capital expanded significantly from the pre-acquisition level to accommodate the new shares.

Metric: Before Acquisition After Acquisition Patel's Shareholding: 0 shares (0.00%) 10,15,050 shares (2.34%) Total Equity Capital: ₹83,55,000 ₹4,33,55,000 Number of Shares: 83,55,000 shares 4,33,55,000 shares Face Value per Share: ₹1 ₹1

Regulatory Context

Kalpesh Patel, residing in Malda, West Bengal, is identified as one of the proposed promoters of SJ Corporation Limited. The disclosure indicates that Patel has previously made an open offer dated January 30, 2026, and is currently awaiting SEBI approval for the proposed change in company management.

Corporate Compliance

The transaction was disclosed to BSE Limited in compliance with SEBI regulations governing substantial acquisitions. The company's shares are listed on BSE under scrip code 504398. The disclosure confirms that no encumbrances, warrants, or convertible securities were involved in this transaction, and no voting rights were acquired through instruments other than equity shares.

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