Soma Textiles & Industries Limited — Important, 23-07-2025: General Updates

Roadway Solutions India Infra is launching a mandatory open offer for Soma Textiles & Industries (SOMATEX) at ₹47.14 per share, targeting 25.02% of voting capital, valued at ₹38.96 Cr. This follows their agreement to acquire 74.98% from existing promoters at ₹35.40 per share, worth ₹87.67 Cr. This strategic move grants Roadway Solutions full control, aiming to diversify SOMATEX into new commercial lines and enhance operational efficiency. Roadway, a key player in national highway construction, pledges to comply with minimum public shareholding norms post-acquisition.