DOMS Industries has informed that the Company has entered into an Asset Purchase Agreement (APA) dated June 10, 2026 with Reynolds Pens India(RPI), Sanford, L.P. (SLP), Luxembourg Brands S.à r.l. (LBS), Newell Europe S.à r.l. (NES), NWL Valence Services S.A.S. (NWL) and NWL Switzerland S.à r.l. (NSL) (collectively, the Sellers), for the acquisition of certain assets, relevant contracts, employees and intellectual property and associated identified liabilities relating to the manufacture and sale of pens, markers, highlighters and school supplies under the Reynolds brand. The proposed transaction involves the purchase of the following assets and associated identified liabilities from the Sellers as an itemized asset transfer: plant, machinery and molds, contracts and social media accounts from RPI; copyrights, trademarks and domain names from LBS; and patents/ designs from SLP. The aggregate consideration for the transaction is US$ 3,700,000 (United States Dollars Three Million Seven Hundred Thousand), excluding the inventory value.
The above information is a part of company’s filings submitted to BSE.
