Mefcom Capital Markets Limited has submitted to the Exchange a copy of public announcement under Regulations 3(1) and 4 read with Regulations 13(1), 14 and 15(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (SEBI (SAST) Regulations.

Listed-company acquisitionOpen offer triggeredStrategic Transactions View source PDF Explain this filing

SOMATEX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+18.5%Reaction day

₹45.46

prior close

₹53.89

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+18.2% vs market

Other Textile Products peers, median of 172sector-0.3%+18.8% vs sector

On the reaction day the stock moved 18.2 pts more than Nifty Microcap 250 and 18.8 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+18.5+0.4+18.2-0.3+18.8

Next day

+42.2-0.1+42.4-0.6+42.9

+56.4+0.0+56.4-1.0+57.4

+72.1+1.2+70.8-0.7+72.8

+80.7+1.7+79.0-0.6+81.3

+89.7+2.0+87.7+0.0+89.7

+109.1+1.3+107.8-0.4+109.5

15d

+104.1-1.3+105.5-2.6+106.7

+77.1-4.7+81.9-5.5+82.7

+77.5-1.9+79.4-7.2+84.8

+67.0-3.0+70.1-8.9+76.0

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 172Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Roadway Solutions India Infra Limited, along with persons acting in concert Ameet Harjinder Gadhoke and Teja Ranade Gadhoke, has triggered a mandatory open offer to buy up to 82,64,942 equity shares (25.02% of voting share capital) of Soma Textiles & Industries Limited at ₹47.14 per share, aggregating to about ₹38.96 crores. This offer follows a Share Purchase Agreement (SPA) dated July 9, 2025, under which the acquirer and PACs will purchase 2,47,68,058 shares (74.98% stake) from the existing promoter group — the Somany family and related entities — for ₹87.67 crores. Post-transaction, the acquirer and PACs will hold 100% of the voting share capital, and the current promoters will completely exit. The acquirer has stated no intention to delist the company, and has confirmed adequate financial resources to fund the open offer.

Likely market impact

This is a change-of-control transaction where the current Somany family promoters are selling their entire stake to Roadway Solutions India Infra. Public shareholders can tender their shares at ₹47.14 in the open offer, while the stock may trade near or below this price until the offer closes. The acquirer has indicated no delisting plans but will need to bring down non-public shareholding to comply with minimum public shareholding norms.