MoneyWorks4Me

Suprajit Engineering hikes stake in Phoenix Lamps to 51.05%

04 Sep 2015 Evaluate

Suprajit Engineering has acquired 15,021 equity shares constituting 0.05% stake during the open offer. The above shares have been acquired pursuant to the open offer made to the shareholders of Phoenix Lamps which opened on June 22, 2015 and closed on July 03, 2015. Subsequently, the equity share holding of the company has increased to 51.05% in the capital of Phoenix Lamps.

Suprajit Engineering is committed to being a world class organization, supplying cables and components to overseas and domestic customers in automobile and non-automobile sectors.



Peers
Company Name CMP
SamvardhanaMotherson 152.35
Tube Investments 2230.95
Bosch 43300.00
UNO Minda 1108.85
Bombay Burmah Trdg. 1221.00
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