Soma Textiles & Industries Limited has on 20th March, 2024 entered into Agreement to assign leasehold Right of its Leasehold land admeasuring 43834.15 sq. Mtrs. of Mouje Village, Rakhial, Teluka maninagar, Ahmedabad, Gujarat.

Execution of Final deed of Assignment of Leasehold Right of land or 15th December, 2024, whichever is earlier. Consideration received from such sale/disposal: Total consideration is INR 661,890,000. Received INR 200,000,000 in advance on March 20, 2024 on the day of execution of Agreement to assign Leasehold Right of Land (received INR 198,000,000 after deduction of 1% TDS of INR 2,000,000).