Description

BSE announces the schedule for the Offer to Buy – Acquisition Window (Takeover) of SOMA PAPERS AND INDUSTRIES LTD shares from November 28, 2025 to December 11, 2025.

Summary

BSE has notified Trading Members and Custodian Members about the Offer to Buy – Acquisition Window (Takeover) for SOMA PAPERS AND INDUSTRIES LTD (Symbol: SOMAPPR, Scrip Code: 516038, ISIN: INE737E01011). The offer will be live from Friday, November 28, 2025 to Thursday, December 11, 2025. The offer is for up to 4,26,58,200 equity shares at an offer price of Rs. 10 per share.

Key Points

  • Security: 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
  • 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 regulatory changes introduced. This circular provides operational guidelines for participation in the existing OTB framework established under Exchange Notices 20150930-1 (dated September 30, 2015) and 20170203-29 (dated February 3, 2017).

Compliance Requirements

  • Trading Members: Must ensure UCC (Unique Client Code) of investors is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
  • Trading Members: Can only bid for investors having shares in demat form
  • Members and Custodians: Note that if no securities are accepted, there will be no End of Issue files generated in Extranet
  • Access Requirements: Members must use designated URLs for iBBS platform, RTRMS, and Extranet (both Internet and Leased Line options available)

Important Dates

  • November 28, 2025: Opening date for bid offering and give-up/take-up
  • December 10, 2025: Last day for give-up/take-up (9:15 AM to 3:30 PM)
  • December 11, 2025: Closing date for bid offering and last day for give-up (9:15 AM to 3:30 PM)
  • December 11, 2025: Extended take-up period on last day (9:15 AM to 4:00 PM)

Impact Assessment

Market Impact: Low - This is a specific corporate action affecting only SOMA PAPERS AND INDUSTRIES LTD shareholders who wish to participate in the takeover offer.

Operational Impact: Medium for Trading Members and Custodians handling clients with SOMA PAPERS holdings. They need to ensure proper UCC registration, access to iBBS/RTRMS platforms, and familiarity with OTB procedures.

Investor Categories: The offer is open to multiple investor categories including FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Companies, and Individuals.

Contact Support: BSE has provided comprehensive contact details for technical support (iBBS, RTRMS, Extranet) and operational queries through Trading Operations and Listing Sales teams.

Impact Justification

Affects only shareholders of SOMA PAPERS AND INDUSTRIES LTD who wish to tender shares in the takeover offer. Limited market-wide impact but important for specific stakeholders.