DOMS Industries Limited — JV/Acquisition, 02-06-2025: Acquisition

DOMS Industries has acquired a 51% stake in Super Treads Private Limited for ₹6.12 Cr, making STPL its subsidiary. This move strengthens DOMS's market position, likely supporting its expansion and enhancing its product portfolio. Gaining majority control of STPL could boost DOMS’s operational scale and market reach, signaling a strategic push to grow through vertical integration and increased capabilities.