Stationary
Acquisitions31 March 2026 at 05:53 am

DOMS Industries Ltd Acquires Additional 13.0% Stake in Subsidiary Pioneer Stationery Private Limited

AI Summary

DOMS Industries Ltd, in a recent development, has completed the acquisition of an additional 13.0% stake in its subsidiary, Pioneer Stationery Private Limited. The company purchased the remaining 3,900 Equity Shares from certain existing shareholders of Pioneer for a total consideration of ₹ 5,53,80,000. This transaction has increased DOMS Industries' shareholding in Pioneer to 64.0% from the previous 57.5% of its total paid-up Equity Share capital. The transaction was completed on March 31, 2026.

Key Highlights

  • DOMS Industries Ltd acquires an additional 13.0% stake in Pioneer Stationery Private Limited
  • The acquisition was completed on March 31, 2026
  • The total consideration for the acquisition was ₹ 5,53,80,000
  • DOMS Industries purchased the remaining 3,900 Equity Shares from certain existing shareholders of Pioneer
  • The acquisition increased DOMS Industries' shareholding in Pioneer to 64.0%