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Soma Textiles Announces Open Offer for Share Acquisition

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Soma Textiles Announces Open Offer for Share Acquisition

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The latest update is out from Soma Textiles & Industries Ltd ( (IN:SOMATEX) ).

Soma Textiles & Industries Ltd announced an open offer by Roadway Solutions India Infra Limited, along with Ameet Harjinder Gadhoke and Teja Ranade Gadhoke, to acquire up to 82,64,942 equity shares of the company. This move is in compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and could significantly impact the company’s shareholder structure and market positioning.

More about Soma Textiles & Industries Ltd

Soma Textiles & Industries Ltd is a company operating in the textile industry, primarily focusing on the production and distribution of textile products.

Average Trading Volume: 10,480

Current Market Cap: 1.49B INR

For detailed information about SOMATEX stock, go to TipRanks’ Stock Analysis page.

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