DOMS to Complete Pioneer Stake Buy by December 2025

DOMS Industries Limited had earlier announced plans to acquire an additional 13.0% stake in its subsidiary, Pioneer Stationery Private Limited, from existing shareholders.

The acquisition was approved by the Board of Directors through letters dated March 27, 2025, and April 29, 2025. This move was seen as a strategic step towards strengthening DOMS’ control over its subsidiary operations.

Revised Acquisition Timeline

Initially, the transaction was scheduled to be completed by July 31, 2025. However, as per the latest update, DOMS Industries and the Gala Group Shareholders have mutually agreed to extend the timeline. The acquisition is now expected to be completed on or before December 31, 2025.

Strategic Importance

This incremental stake will enhance DOMS’ ownership and decision-making capability in Pioneer Stationery, which plays a critical role in the company’s overall stationery and writing instruments segment. The deal reflects DOMS’ commitment to consolidating its operations and optimising its growth strategy.

Board Meeting Scheduled for Q1 FY26 Results

In another development, DOMS Industries has announced that a meeting of its Board of Directors is scheduled to be held on Friday, August 8, 2025. The agenda includes, among other items, the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2025.

DOMS Industries Share Price Performance

On August 1, 2025, DOMS share price (NSE: DOMS) opened at ₹2,334.20, down from its previous close of ₹2,342.60. At 12:38 PM, the share price of DOMS was trading at ₹2,337.70, down by 0.21% on the NSE.

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Conclusion

The extension in timeline is a procedural development and does not impact the company’s strategic intent. Investors and stakeholders can expect the acquisition to be completed by year-end, further strengthening DOMS' market position in the stationery sector.

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