Soma Textiles & Industries Limited is the target of an open offer launched by Roadway Solutions India Infra Limited, potentially signaling a shift in the company's ownership structure.

Key Details of the Open Offer

Offer Specifics

• Acquirer: Roadway Solutions India Infra Limited, along with persons acting in concert Ameet Harjinder Gadhoke and Teja Ranade Gadhoke
• Target Company: Soma Textiles & Industries Limited
• Offer Size: Up to 82,64,942 equity shares
• Stake Percentage: 25.02% of the voting share capital
• Offer Price: ₹47.14 per equity share
• Face Value: ₹10.00 per share

Announcement and Disclosure

The pre-offer advertisement and corrigendum to the Detailed Public Statement were published in multiple newspapers, including:

• Financial Express
• Navshakti
• Jansatta
• Ek Din

Mefcom Capital Markets Limited is acting as the manager to the open offer. The company has requested stock exchanges BSE and NSE to disseminate the information on their websites, ensuring transparency and compliance with regulatory requirements.

Impact and Implications

This open offer represents a significant development for Soma Textiles & Industries Limited and its shareholders. If successful, it could lead to a substantial change in the company's ownership structure and potentially influence its future strategic direction.

Shareholders of Soma Textiles & Industries Limited will need to carefully consider the offer price and terms before making a decision on whether to tender their shares. The outcome of this open offer could have implications for the company's management, operations, and overall market position in the textile industry.

As the open offer process unfolds, market observers and investors will be closely watching for any further developments that may emerge.

Soma Textiles & Industries has announced the publication of recommendations from its Committee of Independent Directors regarding an open offer to shareholders. The company made this disclosure in compliance with the Securities and Exchange Board of India (SEBI) regulations under the Substantial Acquisition of Shares and Takeovers framework.

Multi-Language Publication

The recommendations were published on September 12, 2025, in multiple newspapers across different languages to ensure wide reach:

• Financial Express (English): All editions
• Jansatta (Hindi): All editions
• Navshakti (Marathi): Mumbai edition
• Ek Din (Bengali): Kolkata edition

Regulatory Compliance

The publication of these recommendations is in accordance with Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This move demonstrates the company's commitment to transparency and adherence to regulatory requirements.

Corporate Communication

Reena Prasad, the Company Secretary & Compliance Officer of Soma Textiles & Industries, signed the official communication to the stock exchanges. The intimation was addressed to both the BSE Limited and the National Stock Exchange of India Limited, where the company's shares are listed.

Investor Implications

The publication of these recommendations is a crucial step in the open offer process, providing shareholders with insights from the independent directors regarding the offer. This information can be valuable for investors in making informed decisions about their shareholdings in Soma Textiles & Industries.

Investors and market participants are advised to review the published recommendations and consider them alongside other relevant factors when evaluating the open offer.

Soma Textiles & Industries continues to maintain its presence in the Indian textile industry.