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

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:

Impact on Teja Ranade Gadhoke's Holding

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

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.

Soma Textiles & Industries Limited , a prominent player in the textile industry, has announced significant changes in its ownership structure and operations.

Stake Sale Details

Two key promoters of the company have sold a substantial portion of their holdings to Roadway Solutions India Infra Limited and associated parties.

The transactions were executed through off-market sales on October 09, as part of a larger deal where the buyers are acquiring a controlling stake in the company.

Acquisition Overview

• Total Shares Acquired by Buyers: 2,47,68,058
• Percentage of Paid-up Equity: 74.95%
• Total Consideration: Rs. 87,67,42,526

Buyers' Details

1. Roadway Solutions India Infra Limited (Acquirer)
2. Ameet Harjinder Gadhoke (Person Acting in Concert - PAC1)
3. Teja Ranade Gadhoke (Person Acting in Concert - PAC2)

Impact on Share Capital

The company's total equity share capital remains unchanged at Rs. 33,03,30,000, divided into 3,30,33,000 equity shares of Rs. 10 each.

Merger with Subsidiary

In a separate development, Soma Textiles & Industries has announced a merger with its subsidiary as part of efforts to improve operations. The company aims to achieve better efficiency and reduce costs through this merger.

Conclusion

These transactions mark significant changes for Soma Textiles & Industries Limited. The substantial reduction in the promoter group's stake and the entry of Roadway Solutions India Infra Limited and associated parties as major shareholders could potentially lead to changes in the company's strategic direction. Additionally, the merger with its subsidiary is expected to streamline operations and enhance overall efficiency.