Soma Papers & Industries Ltd — Important, 01-01-1970: Company Update

Soma Papers' Independent Directors have assessed the open offer for acquiring 26% of its expanded equity (4,26,58,200 shares) at Rs. 10 per share. They find the offer fair and reasonable, noting the company's negative book value and profitability. The Rs. 10 offer price aligns with the preferential allotment price and is significantly above the independent valuer's fair value of Rs. 3.65. Shareholders now have key insights for their decision.