BSECompany Update26 Aug 2026 · 26 Aug 2026, 02:29 pm

Clarification on Order Received by Reserve Bank Of Indian (RBI) for Compounding of Contravention of the Provision of the Foreign Exchange.

Soma Textiles & Industries Ltd · 521034

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Soma Textiles & Industries Ltd has submitted a clarification to the BSE regarding the delay in submission of disclosure relating to the disposal of the compounding application by the Reserve Bank of India dated 30th May, 2024. The company states that it has always made disclosures to the stock exchanges within the stipulated timelines and that the requisite disclosure was made promptly upon receipt of the acknowledgment from the RBI and settlement of the matter.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact1/10
Market Sentiment5/10

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Soma Textiles & Industries Ltd - 521034 - Clarification On Compounding Of Contraventions

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SOMA TEXTILES & INDUSTRIES LTD. Date: 26th August, 2026 Listing Compliance Bombay Stock Exchange Limited P. J. Towers, Fort, Mumbai - 400001 Ref: Your Exchange Communication dated 25th August, 2026 Sub: Submission of clarifications regarding Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Dear Sir/Ma’am, This is with reference to your communication dated 25th August, 2026 seeking clarification regarding the delay in submission of the disclosure relating to the disposal of the compounding application by the Reserve Bank of India (“RBI”) dated 30th May, 2024. In this regard, we hereby submit that the Company has always made disclosures to the Stock Exchanges in respect of all material information having a bearing on the operations and/or performance of the Company, including disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), within the stipulated timelines. We further submit that the compounding fee was paid by the Company on 29th May, 2024, and the same was duly acknowledged by the Reserve Bank of India on 30th May, 2024. The Company thereafter submitted the requisite intimation to the Stock Exchange within 24 hours of the acknowledgment by the RBI and settlement of the matter. The relevant details regarding the payment and settlement were also mentioned in the said intimation. Accordingly, the Company submits that the requisite disclosure was made promptly upon receipt of the acknowledgment from the RBI and settlement of the matter. A copy of the acknowledgment issued by the RBI is enclosed herewith for your kind reference and record. We request you to kindly take the above clarification and the enclosed document on record. Thanking you, Yours faithfully, Soma Textiles & Industries Ltd., Reena Prasad (Company Secretary & Compliance officer) M.No. - A53284 Registered Office Corporate Office Head Office 2, Red Cross Place, Kolkata - 700 001, India. 6, Vaswamin Mansion, Dinshaw Wachha Rd, A-244, 2nd Floor, Suvan Business Park, Tel.: +91 (33) 2248 7406 - 07 Backbay Reclamatin, Mumbai - 400 020, India Near Keval Kanta, Nagarvel Hanuman Road, Email : investors@somatextiles.com Tel.: +91 (22) 2282 6076 - 77 Rakhial, Ahmedabad – 380 023 CIN : L51909WB1940PLC010070 Email : rsharma@somatextiles.com Email : rsharma@somatextiles.com www.somatextiles.com subject to ahmedabad jurisdiction