Axis Mutual Fund bought 361,637 shares of DOMS Industries for ₹79.56 Cr at ₹2200.00 apiece in a bulk deal. This purchase increased Axis Mutual Fund's stake to 3.18% from 0.6%, as part of a larger transaction where the Italian promoter FILA Group divested a 7% stake in DOMS Industries.
A leading stationery and art products manufacturer in India, DOMS Industries designs, develops, and produces a comprehensive range of writing instruments, colored pencils, markers, and art supplies under its flagship DOMS brand. The company serves students, professionals, and artists across India through retail and institutional distribution channels. DOMS holds a strong position in the organized stationery segment with a consistent focus on quality and product innovation.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.
