Soma Textiles Directors Sell 74.98% Stake for Rs 87.67 Crore
Directors of Soma Textiles & Industries Limited have agreed to sell a 74.98% stake in the company for Rs 87.67 crore. The Promoter and Promoter Group are selling 2,47,68,058 equity shares to Roadway Solutions India Infra Limited, Ameet Harjinder Gadhoke, and Teja Ranade Gadhoke. Roadway Solutions India Infra Limited will acquire the largest portion with 49.99% of the company's shares. This transaction marks a significant shift in the company's ownership structure and could potentially influence its future direction and operations.

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In a significant ownership change, the directors of Soma Textiles & Industries Limited have agreed to sell a majority stake in the company. The deal, valued at Rs 87.67 crore, will see 74.98% of the company's equity changing hands.
Key Details of the Transaction
- Sellers: Promoter and Promoter Group of Soma Textiles & Industries Limited
- Buyers:
- Roadway Solutions India Infra Limited (Acquirer)
- Ameet Harjinder Gadhoke
- Teja Ranade Gadhoke
- Total Shares Sold: 2,47,68,058 equity shares (74.98% of paid-up share capital)
- Total Deal Value: Rs 87,67,42,526
Breakdown of the Share Sale
| Seller | Shares Sold | Percentage | Buyer |
|---|---|---|---|
| Surendra Kumar Somany | 36,65,735 | 11.10% | Roadway Solutions (3,33,834 shares), Ameet Harjinder Gadhoke (33,31,901 shares) |
| Surendra Kumar Somany HUF | 14,02,578 | 4.25% | Ameet Harjinder Gadhoke |
| Sarvopari Investments Pvt Ltd | 1,65,72,996 | 49.99% | Roadway Solutions India Infra Limited |
Impact and Implications
This transaction marks a significant shift in the ownership structure of Soma Textiles & Industries Limited. With nearly 75% of the company's shares changing hands, the new majority shareholders are poised to have a substantial influence on the company's future direction and operations.
The deal's structure, involving multiple buyers, suggests a strategic realignment that could potentially bring new expertise and resources to the company. Roadway Solutions India Infra Limited, as the largest acquirer, is likely to play a pivotal role in shaping the company's future strategies.
Regulatory Compliance
The transaction has been disclosed in compliance with SEBI regulations, ensuring transparency for all stakeholders. As per the LODR data, the company has promptly informed the stock exchanges about this significant change in ownership, adhering to the principles of good corporate governance.
Looking Ahead
Stakeholders will be keenly watching for any shifts in the company's business strategy, management structure, or operational focus in the coming months. The new majority shareholders may bring fresh perspectives and potentially new directions for Soma Textiles & Industries Limited.
Investors and market analysts will be closely monitoring the company for any announcements regarding changes in the board composition, strategic initiatives, or business plans that may follow this significant transaction.

































