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Suprajit Engineering Ltd completes acquisition of Halogen bulb unit at Perambakkam from Osram

Posted On: 2019-10-05 14:33:11

Suprajit Engineering Ltd has announced that the process relating to acquisition of Halogen Bulb manufacturing unit situated at Perambakkam, Thiruvallur District of Tamil Nadu, from M/s. Osram Lighting Pvt. Ltd, under Asset Purchase Agreement, has been completed and the said unit will operate as a unit of Phoenix Lamps Division with effect from October 04, 2019.

Shares of SUPRAJIT ENGINEERING LTD. was last trading in BSE at Rs.177.2 as compared to the previous close of Rs. 174.35. The total number of shares traded during the day was 699 in over 34 trades.

The stock hit an intraday high of Rs. 177.2 and intraday low of 174. The net turnover during the day was Rs. 122185.


Source: Equity Bulls

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