DOMS Industries Limited has successfully finalized the acquisition of the remaining 6.5% equity stake in its subsidiary, Pioneer Stationery Private Limited. This transaction, completed on March 31, 2026, increased DOMS’ total shareholding in Pioneer from 57.5% to 64.0% of the paid-up equity share capital. The purchase involved 3,900 Equity Shares for a total consideration of ₹5,53,80,000 (Rupees Five Crores Fifty Three Lakhs Eighty Thousand Only).
Completion of Subsidiary Stake Enhancement
DOMS Industries Limited announces the finalization of its plan to increase its ownership in Pioneer Stationery Private Limited (‘Pioneer’), which operates as a subsidiary. This move follows the initial approval granted by the Board of Directors for the acquisition of an additional 13.0% stake. The transaction discussed in the prior communication dated December 29, 2025, has now been fully executed.
Transaction Details and Financial Impact
The Company successfully acquired the remaining 6.5% stake in Pioneer from existing shareholders. This involved purchasing 3,900 Equity Shares. The total monetary consideration paid for this final tranche was ₹5,53,80,000 (Rupees Five Crores Fifty Three Lakhs Eighty Thousand Only).
Resulting Shareholding
This strategic acquisition has resulted in a material increase in DOMS’ control over Pioneer. The Company’s shareholding in Pioneer has now increased from 57.5% to 64.0% of the subsidiary’s total paid-up Equity Share capital. This transaction was officially concluded on March 31, 2026.
Source: BSE
