S J Logistics Approves Increased Borrowing Limits, Addresses Office Shift in Board Meeting

S J Logistics Approves Increased Borrowing Limits, Addresses Office Shift in Board Meeting​

S J Logistics (India) Limited conducted a Board meeting on June 11, 2026, where the directors reviewed and approved several significant corporate actions, including setting new financial limits for borrowing and providing security, as well as greenlighting the move of the company's registered office.

During the meeting, the Board considered measures to increase the Company’s operational capacities and authorizations, all subject to subsequent shareholder approval. Key resolutions included:

• Increased Borrowing Limits: Approval was given to raise the borrowing limits of the Company up to X500 Crores (Rupees Five Hundred Crores Only) or an amount equivalent to 100% of the aggregate of paid-up share capital, free reserves and securities premium, whichever is higher.
• Security Creation: The Board approved the creation of security/charge on company properties up to X500 Crores (Rupees Five Hundred Crores Only) or an amount equivalent to 100% of the aggregate of paid-up share capital, free reserves and securities premium, whichever is higher.
• Loan and Guarantee Limits: Authorization was granted for loans, guarantees, security provision, and investments not exceeding X500 Crores (Rupees Five Hundred Crores Only) or an amount equivalent to 60% of the paid-up share capital, free reserves and securities premium account or 100% of the free reserves and securities premium account, whichever is higher.
• Subsidiary Lending: The Board approved giving loans or providing guarantees in connection with a loan availed by any subsidiary or specified person up to X500 Crores (Rupees Five Hundred Crores Only).

Registered Office Shift and Corporate Designation​

The Company’s decision regarding the shift of its registered office was also reviewed. The existing registered address and the proposed new location were noted:


Following the shift, the directors designated the office at 901/902/903, Centrum, Opposite Raila Devi Lake, Wagle Estate, Thane - 400604 as the Corporate Office of the Company.

EGM Details and Personnel Changes​

The Board meeting also addressed upcoming general body matters and internal personnel changes.

Details regarding the forthcoming Extra Ordinary General Meeting (EGM) include:

• Date of EGM: Wednesday, July 08, 2026.
• Mode: VC/OAVM.
• E-Voting Cut-off Date: July 03, 2026.
• Scrutinizer Appointment: Mr. Rushabh Doshi, a Practicing Company Secretary, was appointed to scrutinize the e-voting process for the EGM.

The meeting also noted the resignation of Mr. Bala Murugan Pitchaih Velldoss (DIN: 09438124) as a Non-Executive Director on the Board of SJA Logisol India Private Limited, a subsidiary of the Company. The resignation, effective June 11, 2026, was due to pre-occupation in other assignments.

SJLOGISTIC Stock Price Movement​

Shares of S J Logistics (India) Limited are edging higher to ₹356 as of 1:38 PM today, gaining 0.64% in live trading. The stock has traded 13,750 shares so far, staying within an intraday range defined by a low of ₹340 and a high of ₹356.