Acquisitions2 Jun 2025, 11:21 am
DOMS Industries Acquires 51.00% Stake in Super Treads Private Limited for INR 6.12 Cr
AI Summary
DOMS Industries Ltd has executed the Shareholders Agreement and Share Purchase Agreement with Super Treads Private Limited (STPL) and its Promoters. The company has purchased 5,10,000 Equity Shares of X10 each from current shareholders of STPL, representing a 51.00% equity shareholding in STPL, for a total consideration of INR 6,12,00,000. The transaction was completed on June 01, 2025, making STPL a subsidiary of DOMS Industries Ltd.
Key Highlights
- DOMS Industries acquires 51.00% stake in Super Treads Private Limited
- Total consideration for the transaction is INR 6,12,00,000
- Transaction completed on June 01, 2025
- Super Treads Private Limited becomes a subsidiary of DOMS Industries Ltd