Key Takeaways from the Acquisition

• DOMS has acquired a 51.77% equity stake in Uniclan Healthcare for ₹54.88 crore, rendering Uniclan a subsidiary of DOMS. 
• This transaction will enable DOMS to diversify its product portfolio, as well as facilitate its entry into the baby hygiene product segment. 
• The transaction proceeds will be utilised for capacity enhancement, repayment of debt, and enhancement of Uniclan's distribution capability. 

Under the terms of the transaction, DOMS will acquire 71,16,080 equity shares for an overall cost of ₹54.88 crore, which includes an infusion of ₹28.88 crore to be used for capacity expansion, debt repayment, and working capital needs as stated in a regulatory filing. 

The company further noted that the acquisition supports DOMS' growth strategy for diversification of its product portfolio and entry into new markets. Uniclan was established with its flagship product, which is its baby diaper brand ‘Wowper,’ and it substantiated the terms of the transaction to have a state-of-the-art manufacturing facility located in Jaipur with an annual capacity of 400 million diapers.

 Uniclan affirmed its commitment to advanced R&D and international quality standards and plans to build its distribution network to further prepare for market growth relative to the terms of the transaction and its broader plan. 

Commenting on the acquisition, Mr Santosh Raveshia, Managing Director, DOMS Industries Limited, said, "We are pleased to announce our strategic entry into the baby hygiene segment with this investment in Uniclan. Its well-accepted product portfolio, growing market presence and forward-thinking approach align perfectly with our vision for growth and diversification. This acquisition is a crucial step in our long-term strategy to explore new sectors that enhance our business portfolio and resonate well with our targeted focus on children in their growing years.”

Mr Vatsal Desai, Founder and Director, of Uniclan Healthcare Private Limited added, “We are excited to partner with DOMS, a company that shares our commitment for long term value creation. We believe that with our focus on product quality and innovation, and leveraging DOMS distribution network in India and globally, we shall be able to elevate Uniclan's growth trajectory and expand our reach.”

From the DOMS point of view, this acquisition has a multitude of important benefits. First, by entering a diaper market that is valued at approximately $2 billion and has a CAGR of approximately 16%, DOMS can greatly expand its addressable target market. In the short run, Uniclan will benefit from the DOMS wide distribution network that includes their many existing relationships with both stockists and distributors, which will allow Uniclan to expand its overall market reach. Then, in the long run, this partnership opens the door for Uniclan's distribution network to operate as a parallel channel to ultimately distribute DOMS' products, thus improving growth potential for both companies. 

About DOMS Industries Limited

DOMS Industries Limited is a well-established, India-based company engaged in the manufacture of stationery and art products. It designs, produces, and sells a large portfolio of items, which it organises into 7 categories, including scholastic stationery, fine art materials, office supplies, and art products. DOMS sells its products under a main brand named ‘DOMS’ and also sells other brands, including C3, Amariz, and FixyFix. DOMS covers all 29 states in India and exports its products to over 50 countries. The company’s success in rapidly increasing revenues and continuing to be reputationally strong, both domestically and internationally, has been directly proportional to its overall concentration on research & development, efficient product engineering, and backward supply chain integration.

Key Takeaways from the Deal

• Vodafone Idea has secured a USD 3.6 billion deal with Nokia, Ericsson, and Samsung to upgrade its network over the next three years.
• The investment is part of a broader USD 6.6 billion capex plan to expand 4G coverage, launch 5G, and increase capacity.
• Vodafone Idea has completed several projects classified as quick win capex, resulting in a 15% increase in network capacity and expanding coverage by 16 million people.

As per a stock exchange filing, VIL has renewed its long-term partnerships with Nokia and Ericsson while welcoming Samsung as a new partner. These contracts will provide the company with advanced network equipment to enhance customer experiences. The rollout will also introduce flexibility and modularity, which will enable custom services for 4G and 5G technologies. Additionally, the equipment is also expected to improve energy efficiency and reduce operating costs. Supplies for the long-term contracts will begin in the coming quarter, with the immediate priority to increase 4G population coverage to 1.2 billion.

The company also mentioned that following an equity raise of INR 240 billion and spectrum acquisition of INR 35 billion in June 2024, they have already undertaken several "quick win" capex projects, resulting in a 15% increase in network capacity and coverage expansion by 16 million people by the end of September 2024. Improvements in customer experience have already been observed in regions where these rollouts have been completed.

Akshaya Moondra, CEO, of Vodafone Idea Limited, commented, “We are committed to investing in emerging network technologies to provide a best-in-class experience to our customers. We have kickstarted the investment cycle. We are on our journey of VIL 2.0 and from hereon, VIL will stage a smart turnaround to effectively participate in the industry growth opportunities. Nokia and Ericsson have been our partners since our inception and this marks another milestone in that continuing partnership. We are pleased to start our new partnership with Samsung. We look forward to working closely with all our partners as we move into the 5G era.”

About Vodafone Idea Limited 

Vodafone Idea is a prominent telecommunications service provider in India that offers a full suite of services across mobility and long-distance communication. The business portfolio of the company includes voice services, broadband services, content solutions, and enterprise solutions for business customers through its professional service offerings. Vodafone Idea also offers various value-added services (VAS) for entertainment, utility, and SMS services to all customers, whether individual or enterprise, across India.

Key Takeaways from KBC International MoU for Development Project:

• KBC International Limited, a subsidiary of KBC Global, has signed a Memorandum of Understanding with the Liberia Special Economic Zone Authority (LSEZA).
• The partnership is to construct residential complexes, low-cost housing, and commercial spaces within the borders of the Special Economic Zone of Liberia.
• The project, according to the preliminary estimates, is going to cost $12.5 million.
• The venture is to start in the second quarter of 2025 and will be completed within three years.

The partnership aims to facilitate the construction and development of residential building complexes, low-cost housing, and commercial spaces within Liberia’s Special Economic Zone (SEZ).

The agreement, signed in Monrovia, marks a substantial investment estimated at $12.5 million. The project is scheduled to commence in the second quarter of 2025, with an anticipated completion timeline of three years. 

About KBC Global Limited:

Karda Constructions Limited is one of the major builders and developers operating in Nashik, owing to their disciplined and professional approach toward construction. From its inception as Karda Constructions Private Limited by Naresh Karda in 1994 to its incorporation in 2007, it has been an organisation leading by example. The promoter has more than two decades of experience in the construction industry; the brand has, therefore, been established as a reputable name in the market known as the "Hari" brand. 

Karda Constructions focuses on real estate development, which specialises in residential projects and combinations of residential and office space. The company has a strong presence across all market segments, including low, medium, and premium offerings. As of date, Karda Constructions has delivered over 1 million square feet of carpet area and is currently working on projects amounting to 1.57 million square feet of carpet area, thus having its commitment to quality and timely delivery in the construction sector.

About KBC Infrastructure Limited:

KBC Infrastructure UK is a dynamic group, which is wholly owned by KBC Global India Ltd, with a credit net worth of 65 million GBP. KBC Infrastructure UK was indeed an Indian company whose parent organisation had left an impressive reputation in many different sectors. The KBC Infrastructure UK shall always be innovative and sustain the society it operates in while making a meaningful difference in its communities across the globe.

KBC Infrastructure UK is much more than just a construction company and claims to be a visionary that transforms communities with innovative solutions and steadfast commitment. Built on a foundation of excellence combined with a passion for positive change, the company is working through addressing many of the most significant housing sector challenges today.

Key Takeaways from the Acquisition

• DOMS has acquired a 51.77% equity stake in Uniclan Healthcare for ₹54.88 crore, rendering Uniclan a subsidiary of DOMS. 
• This transaction will enable DOMS to diversify its product portfolio, as well as facilitate its entry into the baby hygiene product segment. 
• The transaction proceeds will be utilised for capacity enhancement, repayment of debt, and enhancement of Uniclan's distribution capability. 

Under the terms of the transaction, DOMS will acquire 71,16,080 equity shares for an overall cost of ₹54.88 crore, which includes an infusion of ₹28.88 crore to be used for capacity expansion, debt repayment, and working capital needs as stated in a regulatory filing. 

The company further noted that the acquisition supports DOMS' growth strategy for diversification of its product portfolio and entry into new markets. Uniclan was established with its flagship product, which is its baby diaper brand ‘Wowper,’ and it substantiated the terms of the transaction to have a state-of-the-art manufacturing facility located in Jaipur with an annual capacity of 400 million diapers.

 Uniclan affirmed its commitment to advanced R&D and international quality standards and plans to build its distribution network to further prepare for market growth relative to the terms of the transaction and its broader plan. 

Commenting on the acquisition, Mr Santosh Raveshia, Managing Director, DOMS Industries Limited, said, "We are pleased to announce our strategic entry into the baby hygiene segment with this investment in Uniclan. Its well-accepted product portfolio, growing market presence and forward-thinking approach align perfectly with our vision for growth and diversification. This acquisition is a crucial step in our long-term strategy to explore new sectors that enhance our business portfolio and resonate well with our targeted focus on children in their growing years.”

Mr Vatsal Desai, Founder and Director, of Uniclan Healthcare Private Limited added, “We are excited to partner with DOMS, a company that shares our commitment for long term value creation. We believe that with our focus on product quality and innovation, and leveraging DOMS distribution network in India and globally, we shall be able to elevate Uniclan's growth trajectory and expand our reach.”

From the DOMS point of view, this acquisition has a multitude of important benefits. First, by entering a diaper market that is valued at approximately $2 billion and has a CAGR of approximately 16%, DOMS can greatly expand its addressable target market. In the short run, Uniclan will benefit from the DOMS wide distribution network that includes their many existing relationships with both stockists and distributors, which will allow Uniclan to expand its overall market reach. Then, in the long run, this partnership opens the door for Uniclan's distribution network to operate as a parallel channel to ultimately distribute DOMS' products, thus improving growth potential for both companies. 

About DOMS Industries Limited

DOMS Industries Limited is a well-established, India-based company engaged in the manufacture of stationery and art products. It designs, produces, and sells a large portfolio of items, which it organises into 7 categories, including scholastic stationery, fine art materials, office supplies, and art products. DOMS sells its products under a main brand named ‘DOMS’ and also sells other brands, including C3, Amariz, and FixyFix. DOMS covers all 29 states in India and exports its products to over 50 countries. The company’s success in rapidly increasing revenues and continuing to be reputationally strong, both domestically and internationally, has been directly proportional to its overall concentration on research & development, efficient product engineering, and backward supply chain integration.