DOMS Industries Limited has informed the Exchange regarding Press Release in relation to the acquisition of Equity Stake in Super Treads Private Limited
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Awaiting price reaction for this filing.
DOMS Industries Limited has announced the acquisition of a 51% equity stake in Super Treads Private Limited (STPL), a paper stationery company based in East India, for a maximum consideration of ₹6.12 crores. The deal was approved by the board on May 19, 2025, and will be done through a secondary purchase from existing shareholders, subject to due diligence and necessary approvals. STPL has over two decades of operating history and primarily operates as an OEM supplier for notebooks and paper stationery products. Through this acquisition, DOMS aims to strengthen its manufacturing capacity in paper stationery and expand its reach in eastern India, leveraging STPL's established presence. Post-acquisition, STPL will become part of the DOMS Group, joining other subsidiaries like Pioneer Stationery, Micro Wood, Skido Industries, and Uniclan Healthcare.
This is a relatively small acquisition (₹6.12 crores) and is likely to be neutral to mildly positive for the stock. It signals strategic expansion in the paper stationery segment and geographic diversification into East India, which could support long-term growth in DOMS' core categories.