Acquisitions15 Oct 2025, 11:14 am
Teja Ranade Gadhoke Acquires 2.60% Stake in Soma Textiles & Industries Ltd for Rs. 87.67 Crore
AI Summary
Teja Ranade Gadhoke has disclosed the acquisition of 8,58,531 equity shares of Soma Textiles & Industries Ltd, amounting to 2.60% of the company's share capital. This acquisition is part of a larger deal where Roadway Solutions India Infra Limited, Ameet Harjinder Gadhoke, and Teja Ranade Gadhoke propose to acquire 74.98% of the company's shares for a total consideration of Rs. 87.67 crore. The acquisition is off-market and the shares are fully paid-up equity shares of Rs. 10 each.
Key Highlights
- Teja Ranade Gadhoke acquires 2.60% stake in Soma Textiles & Industries Ltd
- Total consideration of the acquisition is Rs. 87.67 crore
- Acquisition is part of a larger deal involving 74.98% of the company's shares
- The acquisition is off-market
- Roadway Solutions India Infra Limited, Ameet Harjinder Gadhoke, and Teja Ranade Gadhoke are the other parties in the acquisition