DOMS Industries Limited announced the outcome of its Board Meeting held on January 30, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company also approved the allotment of 525 equity shares pursuant to the exercise of options under its Employee Stock Option Plan 2023. Furthermore, DOMS Industries will incorporate 'DOMS Foundation' as a Section 8 company to undertake Corporate Social Responsibility initiatives. In a significant strategic move, the company will form a 50:50 Joint Venture (JV) in India with Seven SpA, a F.I.L.A. Group company, to focus on backpacks, pencil cases, and bags. The JV aims to leverage the combined capabilities of DOMS and Seven to supply products globally for the F.I.L.A. Group and develop a differentiated product range for the Indian market. The initial investment in the JV will be up to ₹15,00,00,000, with contributions proportional to shareholding. The formation of the JV is targeted for completion by June 30, 2026. The Board Meeting commenced at 3:30 p.m. and concluded at 4:40 p.m.
