DOMS Industries Completes Acquisition of Additional Stake in Pioneer Stationery

DOMS Industries Completes Acquisition of Additional Stake in Pioneer Stationery

DOMS Industries Completes Acquisition of Additional Stake in Pioneer Stationery​

DOMS Industries Ltd. announced the completion of an acquisition of an additional 6.5% stake in Pioneer Stationery Private Limited, a subsidiary of DOMS Industries Limited, on March 31, 2026.

The acquisition involved the purchase of 3,900 equity shares from existing shareholders of Pioneer for a total consideration of ₹55,380,000. This transaction increases DOMS Industries’ shareholding in Pioneer to 64.0% from a previous stake of 57.5%.

The Board of Directors had previously approved the acquisition of a 13.0% stake in Pioneer, with the current transaction representing the remaining portion of that approved acquisition.

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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