SJ Corporation Ltd (504398)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, SJ's revenue was ₹55.4 Cr (+831.6% year on year, +618.0% on the previous quarter), and net profit ₹1.5 Cr (+413.3% year on year); the operating margin was 10.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹55.4 | +831.6% | +618.0% |
| Operating profit | ₹5.9 | from loss | from loss |
| Net profit | ₹1.5 | +413.3% | from loss |
| EPS (₹) | 0.36 | +0.0% | from loss |
| Operating margin | 10.7% | — | — |
📢 Recent Corporate Announcements
SJ Corporation Ltd has submitted an application to BSE Limited on October 07, 2026, seeking a No Objection Certificate under Regulation 31A of SEBI LODR. The application seeks to reclassify promoters Savji D Patel and Ushaben Savjibhai Patel to the 'Public Category'. This move follows the prior board approval granted on October 03, 2026. This development coincides with the promoter holding already dropping from 70.86% in December 2025 to 13.65% in June 2026.
- Application filed with BSE Ltd on October 07, 2026 under Regulation 31A of SEBI LODR
- Proposed reclassification of Savji D Patel and Ushaben Savjibhai Patel to Public Category
- Board meeting approving the reclassification was held on October 03, 2026
- Follows a major promoter holding reduction from 70.86% in December 2025 to 13.65% as of June 2026
SJ Corporation's Board approved major corporate changes on October 3, 2026, including shifting its registered office from Mumbai to Rajkot, Gujarat, and proposing a name change to Fishfa Industries Limited. The board also approved the reclassification of outgoing promoters Savji D Patel (0% stake) and Ushaben Patel (10,00,000 shares or 2.31%) to the public category, following their earlier transfer of an 11.35% stake under a Share Purchase Agreement. Additionally, Deepa Ashokkumar Dhamecha resigned as CS & Compliance Officer effective October 2, 2026, replaced by Jay Bharatbhai Pansuria from October 3, 2026.
- Board approved reclassifying Ushaben Patel (10,00,000 shares, 2.31% stake) and Savji D Patel (NIL shares) to public category
- Proposed company name change to Fishfa Industries Limited, subject to MCA and shareholder approvals
- Registered office shifted from Malad (Mumbai, Maharashtra) to Lodhika GIDC, Metoda, Rajkot (Gujarat) effective October 3, 2026
- Noted past Share Purchase Agreement dated January 30, 2026, for transfer of 49,20,000 shares (11.35% stake) and management control
- Appointment of Jay Bharatbhai Pansuria as CS & Compliance Officer effective October 3, 2026, replacing Deepa Dhamecha
SJ Corporation's Board approved major corporate changes on October 3, 2026, including shifting its registered office from Mumbai to Rajkot, Gujarat, and proposing a name change to Fishfa Industries Limited. The board also approved the reclassification of outgoing promoters Savji D Patel (0% stake) and Ushaben Patel (10,00,000 shares or 2.31%) to the public category, following their earlier transfer of an 11.35% stake under a Share Purchase Agreement. Additionally, Deepa Ashokkumar Dhamecha resigned as CS & Compliance Officer effective October 2, 2026, replaced by Jay Bharatbhai Pansuria from October 3, 2026.
- Board approved reclassifying Ushaben Patel (10,00,000 shares, 2.31% stake) and Savji D Patel (NIL shares) to public category
- Proposed company name change to Fishfa Industries Limited, subject to MCA and shareholder approvals
- Registered office shifted from Malad (Mumbai, Maharashtra) to Lodhika GIDC, Metoda, Rajkot (Gujarat) effective October 3, 2026
- Noted past Share Purchase Agreement dated January 30, 2026, for transfer of 49,20,000 shares (11.35% stake) and management control
- Appointment of Jay Bharatbhai Pansuria as CS & Compliance Officer effective October 3, 2026, replacing Deepa Dhamecha
SJ Corporation's Board approved major corporate changes on October 3, 2026, including shifting its registered office from Mumbai to Rajkot, Gujarat, and proposing a name change to Fishfa Industries Limited. The board also approved the reclassification of outgoing promoters Savji D Patel (0% stake) and Ushaben Patel (10,00,000 shares or 2.31%) to the public category, following their earlier transfer of an 11.35% stake under a Share Purchase Agreement. Additionally, Deepa Ashokkumar Dhamecha resigned as CS & Compliance Officer effective October 2, 2026, replaced by Jay Bharatbhai Pansuria from October 3, 2026.
- Board approved reclassifying Ushaben Patel (10,00,000 shares, 2.31% stake) and Savji D Patel (NIL shares) to public category
- Proposed company name change to Fishfa Industries Limited, subject to MCA and shareholder approvals
- Registered office shifted from Malad (Mumbai, Maharashtra) to Lodhika GIDC, Metoda, Rajkot (Gujarat) effective October 3, 2026
- Noted past Share Purchase Agreement dated January 30, 2026, for transfer of 49,20,000 shares (11.35% stake) and management control
- Appointment of Jay Bharatbhai Pansuria as CS & Compliance Officer effective October 3, 2026, replacing Deepa Dhamecha
SJ Corporation's Board approved major corporate changes on October 3, 2026, including shifting its registered office from Mumbai to Rajkot, Gujarat, and proposing a name change to Fishfa Industries Limited. The board also approved the reclassification of outgoing promoters Savji D Patel (0% stake) and Ushaben Patel (10,00,000 shares or 2.31%) to the public category, following their earlier transfer of an 11.35% stake under a Share Purchase Agreement. Additionally, Deepa Ashokkumar Dhamecha resigned as CS & Compliance Officer effective October 2, 2026, replaced by Jay Bharatbhai Pansuria from October 3, 2026.
- Board approved reclassifying Ushaben Patel (10,00,000 shares, 2.31% stake) and Savji D Patel (NIL shares) to public category
- Proposed company name change to Fishfa Industries Limited, subject to MCA and shareholder approvals
- Registered office shifted from Malad (Mumbai, Maharashtra) to Lodhika GIDC, Metoda, Rajkot (Gujarat) effective October 3, 2026
- Noted past Share Purchase Agreement dated January 30, 2026, for transfer of 49,20,000 shares (11.35% stake) and management control
- Appointment of Jay Bharatbhai Pansuria as CS & Compliance Officer effective October 3, 2026, replacing Deepa Dhamecha
SJ Corporation's Board approved major corporate changes on October 3, 2026, including shifting its registered office from Mumbai to Rajkot, Gujarat, and proposing a name change to Fishfa Industries Limited. The board also approved the reclassification of outgoing promoters Savji D Patel (0% stake) and Ushaben Patel (10,00,000 shares or 2.31%) to the public category, following their earlier transfer of an 11.35% stake under a Share Purchase Agreement. Additionally, Deepa Ashokkumar Dhamecha resigned as CS & Compliance Officer effective October 2, 2026, replaced by Jay Bharatbhai Pansuria from October 3, 2026.
- Board approved reclassifying Ushaben Patel (10,00,000 shares, 2.31% stake) and Savji D Patel (NIL shares) to public category
- Proposed company name change to Fishfa Industries Limited, subject to MCA and shareholder approvals
- Registered office shifted from Malad (Mumbai, Maharashtra) to Lodhika GIDC, Metoda, Rajkot (Gujarat) effective October 3, 2026
- Noted past Share Purchase Agreement dated January 30, 2026, for transfer of 49,20,000 shares (11.35% stake) and management control
- Appointment of Jay Bharatbhai Pansuria as CS & Compliance Officer effective October 3, 2026, replacing Deepa Dhamecha
SJ Corporation Limited has disclosed the resignation of Mrs. Deepa Ashokkumar Dhamecha from her role as Company Secretary and Compliance Officer (Key Managerial Personnel), effective close of business on October 2, 2026. The resignation is cited as being due to personal reasons, with no other material reasons reported. The resignation will be formally presented to the Board of Directors at its upcoming meeting for formal acceptance. Operationally, the company recorded Q1 FY27 revenue of Rs 1.18 crore and net profit of Rs 0.04 crore.
- Company Secretary & Compliance Officer resigned effective close of business October 2, 2026
- Departure cited strictly due to personal reasons with no other material issues stated
- Resignation to be placed before the upcoming Board Meeting for formal acceptance
- CS Membership No. recorded as ACS No. A58230
SJ Corporation has received an order dated September 24, 2026, from the Regional Director (Western Region-I), Ministry of Corporate Affairs, Mumbai, approving the shifting of its registered office from Maharashtra to Gujarat. The move follows a recent change in control and management, with the new management based in Rajkot, Gujarat. The company is required to file a copy of the approval order with the Registrar of Companies in Mumbai within 30 days. This shift aligns corporate headquarters with the location of the new management team.
- Regional Director approval order issued on September 24, 2026
- Approval granted under Section 12(5) and 13(4) of the Companies Act, 2013
- Application filed under SRN AC5506030 dated August 25, 2026
- Company must file the order copy with ROC Mumbai within 30 days
- Registered office shifts from Malad (East), Mumbai to Gujarat (Rajkot district base)
SJ Corporation has received formal requests on September 24, 2026, from existing promoters Savji D Patel and Ushaben Savjibhai Patel to be reclassified from 'Promoter/Promoter Group' to 'Public Category'. This follows the Share Purchase Agreement dated January 30, 2026, and the completion of an Open Offer on August 03, 2026, by incoming acquirers Pintu Kanjibhai Kalavadia, Prashant Kanjibhai Kalavadia, Umang Kantilal Savani, and Kalpesh Patel. The formal reclassification process is being carried out under Regulation 31A(10) of SEBI LODR Regulations.
- Open offer by incoming acquirers completed on August 03, 2026
- Share Purchase Agreement between sellers and buyers dated January 30, 2026
- Reclassification request received on September 24, 2026, from Savji D Patel and Ushaben Savjibhai Patel
- Acquirers named as Pintu Kanjibhai Kalavadia, Prashant Kanjibhai Kalavadia, Umang Kantilal Savani, and Kalpesh Patel
SJ Corporation Limited has announced the closure of its Register of Members and Share Transfer Books from September 22, 2026, to September 28, 2026 (both days inclusive) for its upcoming 45th Annual General Meeting (AGM). The company has fixed September 21, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting. This is a standard annual corporate compliance filing under Regulation 42 of SEBI LODR Regulations.
- Book closure period scheduled from September 22, 2026 to September 28, 2026
- Cut-off date for remote e-voting fixed as Monday, September 21, 2026
- Closure is conducted for the purpose of the 45th Annual General Meeting
- Applies to equity shares with a paid-up value of Rs. 1/- each
SJ Corporation's Board of Directors met on August 27, 2026, and approved the Notice and related reports for its 45th Annual General Meeting (AGM) for FY2025-26. The AGM is scheduled to take place virtually on September 28, 2026, at 11:00 AM. The Board also approved proposed amendments to the Articles of Association (AoA), subject to shareholder approval. The Register of Members and Share Transfer Books will remain closed from September 22 to September 28, 2026.
- 45th AGM scheduled for September 28, 2026, at 11:00 AM via video conferencing.
- Remote e-voting window opens September 25, 2026 (9:00 AM) and closes September 27, 2026 (5:00 PM).
- Book closure fixed from September 22, 2026, to September 28, 2026 (both days inclusive).
- Aparna Tripathi & Associates appointed as the scrutinizer for the e-voting process.
SJ Corporation Ltd has scheduled a meeting of its Board of Directors on Thursday, August 27, 2026. The board will convene primarily to determine the date, time, and book closure dates for the upcoming FY 2025-2026 Annual General Meeting (AGM). Additionally, the board will approve the Notice of AGM, the Board's Report, and appoint a scrutinizer for e-voting.
- Board meeting scheduled for Thursday, August 27, 2026
- Meeting to fix the date and time of the Annual General Meeting for FY 2025-2026
- Board will approve the Notice of AGM and Board's Report for the year ended March 31, 2026
- Appointment of a scrutinizer for the AGM e-voting process
SJ Corporation has announced a significant management and governance overhaul, including the appointment of Mr. Prashant Kanjibhai Kalavadia as CEO and a new Chairperson. The company is proceeding with the sale of land in Surat to its existing promoter, Mr. Savjibhai Dungarshibhai Patel, for a minimum of ₹1.41 Cr after a previous third-party deal was cancelled. This transaction value represents approximately 6.7% of the company's TTM revenue. Additionally, a new statutory auditor has been appointed for a five-year term following the expiry of the previous auditor's tenure.
- Proposed sale of land at Kosmada, Surat to the existing promoter for a minimum consideration of ₹1.41 Cr
- Appointment of Mr. Prashant Kanjibhai Kalavadia as Chief Executive Officer effective August 13, 2026
- New Statutory Auditor, Mr. Manojkumar Maganlal Finva, appointed for a 5-year term until 2031
- Resignation of two Independent Directors and appointment of two new Independent Directors and a new Chairperson
- The land sale transaction is expected to be completed within 12 months of receiving shareholder approval
SJ Corporation has announced a significant leadership overhaul, appointing Mr. Prashant Kanjibhai Kalavadia as CEO and reconstituting its Board and committees. The company also proposed selling land in Kosmada, Surat, to its existing promoter, Mr. Savjibhai Dungarshibhai Patel, for a minimum of Rs 1.41 Cr after a previous deal with a third party fell through. This transaction value represents approximately 6.7% of the company's FY26 revenue. Additionally, new statutory and internal auditors have been appointed following the expiry of the previous auditor's tenure.
- Appointment of Mr. Prashant Kanjibhai Kalavadia as Chief Executive Officer effective August 13, 2026.
- Proposed sale of land in Kosmada, Surat to the existing promoter for a consideration of not less than Rs 1.41 Cr.
- Appointment of Mr. Manojkumar Maganlal Finva as Statutory Auditor for a 5-year term until 2031.
- Resignation of two Independent Directors and appointment of a new Chairperson and two Additional Directors.
- The land sale value of Rs 1.41 Cr is equivalent to ~6.7% of the TTM revenue of Rs 21.04 Cr.
SJ Corporation has announced a comprehensive management overhaul, appointing Mr. Prashant Kanjibhai Kalavadia as the new CEO and reconstituting its board committees. The company is also proceeding with the sale of land in Kosmada, Surat, to its existing promoter, Mr. Savjibhai Dungarshibhai Patel, for a minimum consideration of Rs 1.41 Cr after a previous deal with a third party was cancelled. This transaction represents approximately 6.7% of the company's TTM revenue of Rs 21 Cr. Additionally, the company has appointed a new statutory auditor for a five-year term following the expiry of the previous auditor's tenure.
- Appointment of Mr. Prashant Kanjibhai Kalavadia as Chief Executive Officer effective August 13, 2026
- Proposed sale of land in Kosmada, Surat to the existing promoter for not less than Rs 1.41 Cr
- Appointment of Mr. Manojkumar Maganlal Finva as Statutory Auditor for a 5-year term until 2031
- Resignation of two Independent Directors, Mr. Pragnesh Sonchhatra and Mr. Maulik Dalsaniya, effective August 13, 2026
- The land sale transaction is expected to be completed within 12 months post-shareholder approval
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