Italian promoter to pare 7% in DOMS Industries via Rs 892-crore block deal at 9.2% discount
Fabbrica Italiana Lapis Ed Affini will offload up to 7% of DOMS Industries on June 17 at Rs 2,100/share — a 9.2% discount to market — in a Rs 892-crore block deal run by JPMorgan and BNP Paribas. Promoter holding drops to 19% post-deal, with a 90-day lock-in on residual stake.
Italian promoter Fabbrica Italiana Lapis will offload up to 7% of stationery brand DOMS Industries via block deal worth Rs 892 crore on June 17 at Rs 2,100/share, a 9.2% discount, with JPMorgan and BNP Paribas as bankers.