DOMS Industries has executed the shareholders agreement and share purchase agreement with Super Treads (STPL) and its promoters. Further, the company has purchased 5,10,000 equity shares of Rs 10 each from current shareholders of STPL. This represents a 51.00% equity shareholding in STPL, acquired for a total consideration of Rs 6.12 crore. Consequent to the above transaction, STPL has become a subsidiary of the company with effect from June 01, 2025.
Earlier, the company had received approval for acquisition of 51% stake in Super Treads (STPL).
DOMS Industries designs, develops, manufactures, and sells a wide range of stationery and art products, primarily under its flagship brand ‘DOMS’.
