DOMS Industries Limited announced the extension of the proposed acquisition date for an additional 13.0% stake in its subsidiary, Pioneer Stationery Private Limited.
The Board had approved this acquisition from certain existing shareholders on March 27, 2025.
The original proposed completion date was April 30, 2025.
As mutually agreed between the Gala Group Shareholders and the Company, the date has been extended to July 31, 2025.
The acquisition of the additional stake is now expected to be completed on or before July 31, 2025.
All other details from the previous announcement dated March 27, 2025, remain unchanged.