SJ Corporation Ltd Shareholders Unanimously Approve All Resolutions at Extraordinary General Meeting

SJ Corporation Ltd successfully concluded its Extraordinary General Meeting (EOGM) on March 2, 2026, with shareholders demonstrating strong support by unanimously approving all proposed resolutions. The meeting, conducted through video conferencing from 11:30 A.M. to 11:44 A.M., addressed four critical business items that will shape the company's strategic direction. Meeting Overview and Participation The EOGM witnessed participation from 19 shareholders out of 493 total shareholders on the record date of February 23, 2026. The voting process covered 71,53,517 shares, representing 85.6196% of the company's total 83,55,000 shares. Parameter: Details Meeting Date: March 2, 2026 Meeting Duration: 11:30 A.M. to 11:44 A.M. Record Date: February 23, 2026 Total Shareholders: 493 Participating Shareholders: 19 Total Shares: 83,55,000 Votes Polled: 71,53,517 Voting Participation: 85.6196% Approved Resolutions All four special resolutions received unanimous approval with 100% votes in favor and zero votes against across all categories. Resolution 1: Equity Share Issuance Shareholders approved the issuance of equity shares on preferential basis to proposed promoters/promoter group and non-promoter/public category investors for cash consideration. Resolution 2: Independent Director Appointment The regularization of Mr. Maulik Pravinbhai Dalsaniya (DIN: 11409312) as Independent Director was approved, formalizing his position on the board. Resolution 3: Executive Director Appointment Mr. Jagdish Vijaybhai Pambhar (DIN: 11409403) was regularized as Executive Director, strengthening the company's leadership structure. Resolution 4: Strategic Acquisition Shareholders endorsed the acquisition of Fishfa Rubbers Limited (FRL) from existing shareholders, marking a significant expansion move. Voting Results Summary Category: Shares Held Votes Polled Participation % Votes in Favor Votes Against Promoter and Promoter Group: 59,20,000 59,20,000 100.00% 59,20,000 0 Public-Institutions: 0 0 0.00% 0 0 Public-Non Institutions: 24,35,000 12,33,517 50.6578% 12,33,517 0 Total: 83,55,000 71,53,517 85.6196% 71,53,517 0 E-Voting Process The remote e-voting facility was provided by MUFG Intime India Pvt. Ltd from February 27, 2026 (9:00 A.M.) to March 1, 2026 (5:00 P.M.). Pooja Gala & Associates served as the scrutinizer, ensuring transparency and compliance with regulatory requirements. The company published advertisements in Free Press Journal (English) and Navshakti (Marathi) newspapers on January 31, 2026, and February 4, 2026, informing shareholders about the meeting and voting procedures. The EOGM notice was dispatched via email on February 3, 2026, to shareholders with registered email addresses. Regulatory Compliance The meeting was conducted in full compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report confirmed adherence to all procedural requirements, with voting rights determined as of the February 23, 2026 record date. The unanimous approval of all resolutions reflects strong shareholder confidence in the company's strategic initiatives, particularly the planned acquisition and board strengthening measures that position SJ Corporation Ltd for enhanced growth prospects. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.