Mefcom Capital Markets Limited has Submitted to the Exchange a copy of pre-offer advertisement in accordance with Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and subsequent amendments thereto, and corrigendum to the detailed public statement with respect to the open offer, for the attention of the public shareholders of the Company.
SOMATEX · price
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Awaiting price reaction for this filing.
Mefcom Capital Markets Limited has filed a pre-offer advertisement with the stock exchange along with a corrigendum (correction/clarification) to the detailed public statement for an open offer to the public shareholders of Soma Textiles & Industries Limited. This filing is made under SEBI's Takeover Regulations, 2011, which govern how acquirers must approach public shareholders when they cross certain shareholding thresholds. The corrigendum suggests there were amendments or corrections to the original open offer terms previously announced. Retail shareholders should review the revised offer details carefully as they may differ from the initial announcement.
This signals an ongoing takeover/open offer process for Soma Textiles. Shareholders should check the revised offer price, tendering timeline, and any changed terms in the corrigendum before deciding whether to tender their shares. The open offer could provide a near-term exit opportunity at the offered price.