Narasimharao Anumala, Anumala Ramesh Choudary and Anupama Anumala entered into Share Purchase Agreement to acquire 49.5% stake in Soma Papers & Industries Limited (BSE:516038) from SRS Trading and Agencies Pvt Ltd, Oricon Enterprises Limited (BSE:513121), Vikram Somani, Bharat Krishnakumar Somani, Asha Somani and Rakhi Somani for INR 3.5 million on March 13, 2024. Tender offer has also been launched for acquisition of 26% along with agreement.