Soma Textiles & Industries Limited — Important, 28-07-2025: General Updates

Soma Textiles & Industries has approved a modified plan to sell two luxury motor vehicles, a Land Rover Range Rover Sport and a Cayenne V6, which are no longer required for business operations. The company will now fully settle the outstanding vehicle loans directly. This sale, to promoter shareholder Sarvopari Investment Private Ltd., will generate a cash consideration of Rs. 2.467 Cr for Soma. This strategic move streamlines company assets and ensures associated liabilities are managed internally.