Description

Schedule of activities for acquisition window takeover of SOMA PAPERS AND INDUSTRIES LTD shares, scheduled from November 28, 2025 to December 11, 2025, with offer price of Rs. 10 per share for up to 4,26,58,200 equity shares.

Summary

BSE has announced the schedule for an Offer to Buy through Acquisition Window (Takeover) for SOMA PAPERS AND INDUSTRIES LTD (Scrip Code: 516038, Symbol: SOMAPPR). The offer will be live from Friday, November 28, 2025 to Thursday, December 11, 2025. The acquirer is offering to purchase up to 4,26,58,200 equity shares at Rs. 10 per share through the iBBS platform. Trading Members and Custodian Members are requested to note the detailed schedule and operational procedures for participation.

Key Points

  • Security Details: SOMA PAPERS AND INDUSTRIES LTD (SOMAPPR, ISIN: INE737E01011, Scrip Code: 516038)
  • Offer Size: Up to 4,26,58,200 equity shares
  • Offer Price: Rs. 10 per share (Face Value: Rs. 10.00)
  • Market Lot: 1 share
  • Opening Date: Friday, November 28, 2025
  • Closing Date: Thursday, December 11, 2025
  • Bid Offering Period: November 28, 2025 to December 11, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: November 28, 2025 to December 10, 2025 (9:15 AM to 3:30 PM)
  • Last Day Give-up: December 11, 2025 (9:15 AM to 3:30 PM)
  • Last Day Take-up: December 11, 2025 (9:15 AM to 4:00 PM)

Regulatory Changes

No new regulatory changes. This circular implements existing takeover regulations through BSE’s Acquisition Window mechanism as per previous operational instructions (Exchange Notices 20150930-1 dated September 30, 2015 and 20170203-29 dated February 3, 2017).

Compliance Requirements

For Trading Members and Custodian Members:

  1. UCC Registration: Ensure UCC of investors is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
  2. Demat Requirement: Trading Members can only bid for investors having shares in demat form
  3. Platform Access: Access iBBS platform for bidding through:
  4. RTRMS Access: Available at https://rtrms.bseindia.com/ (Internet) or https://rtrmsll.bseindia.com/ (Leased Line)
  5. File Acceptance: Access Extranet at https://member.bseindia.com/ (Internet) or https://memberll.bseindia.com/ (Leased Line) for acceptance files after issue closure
  6. Note: If no securities are accepted, no End of Issue files will be generated in Extranet

Investor Categories for Bidding:

  • Foreign Institutional Buyer (FII)
  • Financial Institution (FI)
  • Mutual Fund (MF)
  • Insurance Companies (IC)
  • Other QIBs (OTH)
  • Other NIB (NOH)
  • Company (CO)
  • Individual (IND)

Important Dates

  • November 27, 2025: Circular issue date
  • November 28, 2025: Offer opening date; bid offering and give-up/take-up period begins (9:15 AM)
  • November 28 - December 10, 2025: Regular give-up/take-up period (9:15 AM to 3:30 PM daily)
  • December 11, 2025: Offer closing date
    • Give-up (last day): 9:15 AM to 3:30 PM
    • Take-up (last day): 9:15 AM to 4:00 PM
    • Bid offering ends: 3:30 PM

Impact Assessment

Market Impact: Medium - This is a company-specific takeover offer affecting shareholders of SOMA PAPERS AND INDUSTRIES LTD. The acquisition window provides an opportunity for shareholders to tender their shares at the offered price of Rs. 10 per share.

Operational Impact: Trading Members and Custodians need to facilitate client participation through the iBBS platform during the 14-day offer period. Members must ensure proper UCC registration and demat holding verification before accepting bids.

Investor Impact: Shareholders of SOMAPPR have the opportunity to participate in the takeover offer by tendering their shares through their brokers during the specified period. The offer is priced at Rs. 10 per share for up to 4.27 crore shares.

Contact Information:

  • iBBS/RTRMS/Extranet Support: Trading Operations (022-22728005, user.trdops@bseindia.com)
  • OTB Module Support: Sandeep Pujari (022-22728376), Rushi Bhoir (022-22728226), Hormazdiar Mobedji (022-22725626)
  • Listing Sales: Mangesh Tayde (022-22728846), Rinkesh Gaikwad (022-22725046)

Impact Justification

Corporate action involving takeover of specific company through acquisition window. Medium impact as it affects shareholders of SOMA PAPERS AND INDUSTRIES LTD and trading members facilitating the offer. Standard takeover procedure with defined timelines and operational requirements.