DOMS Industries has informed that DOMS Industries (‘the Company’) has executed the Shareholders Agreement and Share Purchase Agreement with STPL and its Promoters. Further, the Company has purchased 5,10,000 Equity Shares of ?10 each from current shareholders of STPL. This represents a 51% equity shareholding in STPL, acquired for a total consideration of ?6,12,00,000 (Rupees Six Crores Twelve Lakhs Only). The said transaction has been completed on June 01, 2025. Consequent to the above transaction, STPL has become a subsidiary of the Company with effect from June 01, 2025.
The above information is a part of company’s filings submitted to BSE.
