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Navigant Corporate Advisors has been appointed as Manager for an open offer concerning Soma Papers and Industries Limited. Two acquirers, Mr. Shankar Varadharajan and Mr. Anancha Perumal Selvi Keshav, along with three individuals acting in concert, are seeking to acquire up to 4,26,58,200 equity shares of Soma Papers. This represents 26.00% of the company's expanded equity and voting capital. The offer price is Rs. 10 per share. This open offer indicates a potential shift in the company's ownership structure, which is relevant for current and prospective shareholders.