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Soma Papers & Industries Ltd. has convened an Extra Ordinary General Meeting on September 4, 2025, to approve key business moves. The company plans to significantly increase its authorized share capital from ₹5 crore to ₹165 crore to support future expansion. This EOGM will also seek approval for raising ₹176.60 crore through preferential issues of equity shares and convertible warrants to strengthen its capital base, fund subsidiary acquisitions, capital expenditures, and working capital needs. As part of this, the company will acquire KS Smart Solutions Pvt Ltd (an IT solutions firm) via a ₹48.74 crore share swap. New investors will become promoters, triggering an open offer, indicating a strategic shift.