Roadway Solutions India Infra Launches Open Offer for 25.02% Stake in Soma Textiles at ₹47.14 Per Share
Roadway Solutions India Infra Limited (RSIIL) has initiated an open offer to acquire up to 25.02% stake in Soma Textiles & Industries Limited. The offer price is ₹47.14 per share for 82,64,942 equity shares, with a total consideration of ₹38.96 crore if fully subscribed. This follows RSIIL's agreement to acquire a 74.98% stake from existing promoters at ₹35.40 per share. The tendering period is set for August 29 to September 12, 2025. If fully subscribed, RSIIL could potentially hold 100% of Soma Textiles, resulting in a complete change of control.