Doms Industries Ltd has extended the deadline for completing its joint venture with Seven SpA to September 30, 2026, due to delays in documentation and administrative formalities. The extension moves the completion date from the previously agreed June 30, 2026. The joint venture involves Seven SpA, a group company of F.I.L.A. - Fabbrica Italiana Lapis Ed Affini S.p.A., and aims to establish a new entity in India.

The Board of Directors of DOMS Industries Limited had initially approved the formation of the Joint Venture Company and the execution of the joint venture agreement. Despite the initiation of the setup process, the parties mutually agreed to the revised timeline to address pending formalities. The company confirmed that all other terms of the transaction remain unchanged.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 and SEBI Circular Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. DOMS Industries Ltd stated that it will inform the stock exchanges of any further material developments regarding the transaction.

The company is required to submit a detailed disclosure once the joint venture agreement is executed between the parties. Mitesh Padia, Company Secretary and Compliance Officer, signed the regulatory filing on June 29, 2026.

Doms Industries disclosed that its promoter, F.I.L.A. – Fabbrica Italiana Lapis ed Affini S.p.A., completed the sale of 4,248,184 equity shares, reducing its shareholding to 19.01%. The transaction, executed via an on-market sale on June 17, 2026, involved the disposal of a 7.00% stake in the company. Following the sale, F.I.L.A. retains its position as the single largest shareholder and promoter of DOMS Industries.

Transaction Details

The sale was conducted in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disposal reduced F.I.L.A.'s holding from 26.01% to 19.01% of the total voting capital. The total equity share capital of DOMS Industries remains unchanged at 60,68,83,360 shares with a face value of ₹10 per equity share.

Shareholding Structure

Prior to the transaction, F.I.L.A. held 15,787,746 shares carrying voting rights, representing 26.01% of the total share capital. Post-transaction, the promoter holds 11,539,562 shares. Additionally, 4,952,330 shares remain locked-in pursuant to Regulations 14 and 16 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.