Soma Papers & Industries Ltd — Important, 25-11-2025: Company Update

Soma Papers' Independent Directors have concluded their review of the open offer to acquire up to 4.26 crore equity shares, or 26.00% of the expanded equity, at Rs. 10 per share. The offer is being made by Mr. Shankar Varadharajan and Mr. Anancha Perumal Selvi Keshav, alongside their Persons Acting in Concert. After discussing and analysing all related public documents, the committee determined that the open offer is fair and reasonable for shareholders. This update clarifies the board's stance on the acquisition terms for investors.