Soma Textiles Directors Sell 74.98% Stake for Rs 87.67 Crore

1 min read     Updated on 15 Oct 2025, 02:22 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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.

Teja Ranade Gadhoke Acquires 2.60% Stake in Soma Textiles as Part of 74.98% Share Purchase Deal

1 min read     Updated on 15 Oct 2025, 11:20 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Teja Ranade Gadhoke has acquired a 2.60% stake (858,531 shares) in Soma Textiles & Industries Limited through an off-market transaction on October 13, 2025. This acquisition is part of a larger share purchase agreement involving multiple buyers, who are collectively acquiring 74.98% of the company for Rs. 87.67 crores. Following the transaction, Gadhoke's total holding in the company has increased from 3.38% to 5.98%. The deal may trigger an open offer, subject to SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Soma Textiles & Industries Limited , a company listed on both BSE and NSE, has witnessed a significant change in its shareholding pattern. Teja Ranade Gadhoke, as part of a larger share purchase agreement, has acquired a 2.60% stake in the company through an off-market transaction on October 13, 2025.

Key Details of the Transaction

Particulars Details
Acquirer Teja Ranade Gadhoke
Shares Acquired 858,531
Percentage Acquired 2.60%
Transaction Date October 13, 2025
Transaction Type Off-market

Larger Share Purchase Agreement

This acquisition is part of a more extensive share purchase agreement involving multiple buyers. The details of the overall deal are as follows:

Particulars Details
Total Shares Being Acquired 24,768,058
Percentage of Total Paid-up Equity 74.98%
Total Consideration Rs. 87.67 crores
Buyers Roadway Solutions India Infra Limited, Ameet Harjinder Gadhoke, and Teja Ranade Gadhoke

Impact on Teja Ranade Gadhoke's Holding

Following this transaction, Teja Ranade Gadhoke's total holding in Soma Textiles & Industries Limited has increased significantly:

Holding Before Transaction After Transaction
Number of Shares 1,116,757 1,975,288
Percentage Holding 3.38% 5.98%

Company Details

Soma Textiles & Industries Limited has a total equity share capital of Rs. 33.03 crores, divided into 33,033,000 equity shares of Rs. 10 each. The company's shares are listed on both the BSE and NSE.

This substantial acquisition by Teja Ranade Gadhoke and other buyers represents a significant change in the ownership structure of Soma Textiles & Industries Limited. The transaction adheres to the regulatory requirements, with the necessary disclosures being made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

As the deal involves a change in control, it may trigger an open offer, subject to SEBI regulations. Shareholders and potential investors are advised to monitor further announcements from the company and regulatory bodies for any additional information or implications of this significant ownership change.

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