SJ Corporation Limited received BSE listing approval on April 10, 2026, for 3,50,00,000 equity shares worth ₹42 crore issued on preferential basis. The shares, priced at Rs. 12/- each including Rs. 11/- premium, were allocated to promoters and non-promoters with distinctive numbers 8355001 to 43355000. Trading approval remains pending completion of NSDL/CDSL confirmations and compliance with SEBI regulations, with the company required to apply within seven working days of listing approval.

SJ Corporation Limited Receives BSE Listing Approval for 3.5 Crore Equity Shares Worth ₹42 Crore

SJ Corporation Limited has successfully obtained listing approval from BSE Limited for its preferential share issue worth ₹42 crore. The Mumbai-based company announced on April 11, 2026, that it received approval for listing 3,50,00,000 equity shares issued on a preferential basis to promoters and non-promoters.

Share Issue Details

The preferential issue comprises equity shares with specific pricing and allocation parameters that demonstrate the company's capital raising strategy.

Parameter: Details Total Shares: 3,50,00,000 equity shares Face Value: Re. 1/- per share Issue Price: Rs. 12/- per share Premium: Rs. 11/- per share Total Issue Value: ₹42 crore Distinctive Numbers: 8355001 to 43355000

Regulatory Compliance and Approval Process

BSE Limited granted the listing approval on April 10, 2026, through its formal communication to the company. The approval covers shares issued to both promoter and non-promoter categories under the preferential allotment route. SJ Corporation's Managing Director Deepak Upadhyay, holding DIN 02270389, signed the regulatory filing confirming receipt of the approval.

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE's approval letter, referenced as LOD/PREF/SS/FIP/57/2026-27, confirms the exchange's satisfaction with the application and supporting documentation.

Trading Approval Requirements

While listing approval has been secured, BSE has outlined specific conditions that must be met before trading approval is granted. The company must provide confirmation letters from NSDL/CDSL regarding the crediting of shares to respective beneficiary accounts and admission of capital to the depository system.

Additional requirements include:

Listing approval from National Stock Exchange of India Limited (if applicable)

NSDL/CDSL confirmation for lock-in of pre-preferential holdings (if applicable)

Compliance with SEBI (ICDR) Regulations, particularly Regulation 167

Regulatory Timeline and Compliance

BSE has emphasized adherence to SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, which mandates that listed entities must apply for trading approval within seven working days from the date of listing approval grant. Non-compliance with this timeline will attract penalties as specified in the circular.

The company must also file shareholding patterns in XBRL mode under Regulation 31(1)(c) of SEBI LODR Regulations, 2015, if the change exceeds two percent of total paid-up share capital. This preferential issue represents a significant capital infusion that will likely trigger this reporting requirement.

Corporate Information

SJ Corporation Limited, incorporated in 1981 with CIN L19201MH1981PLC452533, operates from its registered office in Malad East, Mumbai. The company trades on BSE under the script symbol SJCORP with script code 504398 and ISIN INE312B01027. This preferential issue marks a significant corporate development in the company's capital structure expansion strategy.

SJ Corporation Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing relates to the quarter ended 31st March, 2026, demonstrating the company's adherence to securities market regulations.

Regulatory Compliance Filing

The company filed the certificate on 7th April, 2026, in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was originally dated 3rd April, 2026, and was received from MUFG Intime India Pvt. Ltd, which serves as the company's Registrar and Transfer Agents.

Filing Details: Information Certificate Date: 3rd April, 2026 Quarter Ended: 31st March, 2026 Registrar: MUFG Intime India Pvt. Ltd Filing Date: 7th April, 2026

Certificate Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, provided comprehensive confirmation regarding the handling of securities during the quarter. The Registrar confirmed that all securities received from depository participants for dematerialisation during the quarter ended 31st March, 2026, were properly processed and confirmed to the depositories.

The certificate specifically states that:

Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines

Security certificates received were mutilated and cancelled after due verification by depository participants

Names of depositories were substituted in the register of members as registered owners

All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed

Corporate Information

SJ Corporation Limited operates from its registered office at 201, Shyam Bungalow, Plot No.199/200, Pushpa Colony, Fatimadevi School Lane, Manchubhai Road, Malad (East), Mumbai - 400097. The company trades on BSE Limited under the script symbol SJCORP with script code 504398.

Company Details: Information CIN: L19201MH1981PLC452533 Script Symbol: SJCORP Script Code: 504398 Managing Director: Deepak Upadhyay (DIN: 02270389)

The filing was signed by Deepak Upadhyay, Managing Director of SJ Corporation Limited, while Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, signed the confirmation certificate. This regulatory filing demonstrates the company's commitment to maintaining compliance with SEBI regulations governing depositories and participant operations.

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