FILA Group trims DOMS Industries stake by 7% in Rs 934 crore block deal
Italian promoter FILA Group offloaded 42.48 lakh shares of stationery maker DOMS Industries at Rs 2,200 apiece via open market, cutting its holding to 19.01%. SBI MF and Axis MF absorbed 2.13% combined for Rs 285 crore, signalling sustained domestic institutional appetite for the listed stationery play.
What happened
FILA Group sold a 7% stake in stationery maker DOMS Industries for Rs 934 crore via open market, cutting its holding to 19.01%. SBI MF and Axis MF picked up
Key facts
- Rs 934 crore
- 7% stake
- 42.48 lakh shares
- Rs 2,200/share
- promoter holding 63.39%
- FILA stake 19.01%
Why this matters
A Rs 934 crore clean block at minimal discount validates DOMS as a liquid mid-cap consumer name, opening the playbook for staged promoter monetisation across peer stationery and ancillary plays.