New Delhi: DOMS Industries Ltd has extended the deadline for completing the acquisition of the remaining stake in its subsidiary, Pioneer Stationery Pvt Ltd, pushing the timeline to March 31, 2026, the stationery maker said in a regulatory filing on Monday.
The company had earlier informed exchanges that it planned to acquire an additional 13% stake in Pioneer Stationery from existing shareholders. Of this, DOMS completed a partial acquisition of 6.5% in August 2025, while the balance stake was scheduled to be acquired by December 31, 2025.
However, following a mutual agreement between DOMS Industries and the Gala Group shareholders, the date for completing the remaining acquisition has now been extended by three months. The company said the balance stake will be acquired on or before March 31, 2026.
DOMS clarified that apart from the revised timeline, all other terms and conditions relating to the acquisition, as disclosed earlier in March 2025, remain unchanged.
The transaction is part of the company’s strategy to increase its holding in Pioneer Stationery and further consolidate its presence in the branded stationery segment.