Disclosure of Events/ Information under Regulation 30 of SEBI LODR Regulations, 2015 - Acquisition of Super Treads Private Limited
DOMS · price
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DOMS Industries' board, which met on May 19, 2025, approved the acquisition of a 51% stake (5,10,000 equity shares) in Siliguri-based paper stationery maker Super Treads Private Limited (STPL) for up to ₹6.12 crore in cash, making it a subsidiary. The deal is expected to close by June 30, 2025, and is not a related-party transaction. Separately, the company posted strong FY25 results with revenue from operations of ₹1,709.11 crore (up ~23% YoY) and net profit of ₹189.86 crore (up ~31% YoY), translating to a basic EPS of ₹31.29, with Price Waterhouse issuing an unmodified auditor's opinion. The board also recommended a final dividend of ₹3.15 per share (face value ₹10), subject to shareholder approval, and allotted 350 shares under ESOP 2023. Additionally, four new independent directors (Nitesh Shah, Rohan Ghalla, Piyush Mehta, Harsh Thakkar) and one whole-time director (Om Santosh Raveshia, son of the MD) were appointed for five-year terms, along with new secretarial, internal, and cost auditors.
The STPL acquisition strengthens DOMS's paper stationery manufacturing footprint and gives it a foothold in the eastern India market, which could support future growth in the core business. Healthy FY25 earnings growth, a maiden dividend payout, and a modest cash deal (₹6.12 crore) are positive signals for shareholders, though the acquisition's revenue contribution will initially be small relative to DOMS's overall scale.