BSE sets takeover schedule for SJ Corp at Rs 12/share, 13-24 July
Acquisition window for SJ Corporation Ltd opens from 13 July to 24 July 2026. Offer price fixed at Rs 12 per share for up to 1,12,72,300 equity shares. Tender size: 1 share.
What changed
- BSE issued live activities schedule for the takeover offer of SJ Corporation Ltd.
- Offer price is Rs 12 per share, face value Rs 1 per share.
- Bidding runs from 13 July to 24 July 2026, with give-up/take-up cutoffs.
The read
This is a routine operational circular. BSE set the two-week window from 13 July to 24 July 2026 for the Acquisition Window takeover offer for SJ Corporation Ltd. The acquirer stands ready to buy up to 1,12,72,300 shares at ₹12 apiece — a steep premium to the ₹1 face value. Market lot is just one share, so even small holders can tender. Trading members must have UCC records in order. No regulatory changes here. For shareholders, this is a straightforward exit at a fixed price. The offer size suggests the acquirer wants a substantial stake.
Primary source: official circular (PDF)