DOMS Industries has completed acquiring an additional 6.5% stake in its subsidiary, Pioneer Stationery Private Limited, for ₹5.538 Cr.

This transaction boosts DOMS' total ownership in Pioneer to 64.0% from 57.5%. This strategic move deepens DOMS' control and strengthens its presence in the stationery market.

By consolidating more of Pioneer's operations, DOMS aims to enhance its product portfolio and capture a larger share of future profits, reinforcing its core business and operational efficiencies.