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DOMS Industries Limited — M&A Activity 2024
Sep 17, 2024
61017_rns_2024-09-17_a2de40ff-1243-4d53-8e32-5a52b95a45cd.pdf
M&A Activity
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Ref No. DIL/SE/24-25/50 Date : September 17, 2024
To,
The Manager Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (East), Mumbai - 400 051
BSE Symbol - DOMS BSE Scrip Code - 544045
NSE Symbol - DOMS
Subject: Update on Disclosure of Events/ Information under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
Dear Sir/ Madam,
Pursuant to the approval of Board of Directors and with reference to our intimation letter dated August 12, 2024, vide Ref No. DIL/SE/24-25/34, regarding the potential ‘Acquisition of Uniclan Healthcare Private Limited (‘ Uniclan ’)’, we are pleased to inform that, DOMS Industries Limited (‘ the Company ’) has executed the Share Purchase Agreement, Share Subscription Agreement and Shareholders Agreement (collectively referred to as ‘ Definitive Agreements ’) with Uniclan and its existing shareholders. Further, the Company has subscribed to 37,44,708 Equity Shares and purchased 33,71,372 Equity Shares from certain existing shareholders of Uniclan. This represents 51.77% equity shareholding in Uniclan acquired for a total consideration of ₹ 54,87,92,089 (Rupees Fifty Four Crores Eighty Seven Lakhs Ninety Two Thousand Eighty Nine Only).
The said transaction has been completed on September 16, 2024.
Consequent to the above transaction, Uniclan has become a subsidiary of the Company with effect from September 16, 2024.
The above is for your kind information and records.
Thanking you, Yours faithfully, For DOMS Industries limited
Digitally signed by Mitesh Mitesh Ashok Padia Ashok Padia Date: 2024.09.17 14:59:23 +05'30'
______ Mitesh Padia Company Secretary and Compliance Officer Membership No.: A58693
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