SUPRAJIT ENGINEERING LTD. - Acquisition of Phoenix Lamps Limited

With reference to the earlier announcement dated May 06, 2015, Suprajit Engineering Ltd has now informed BSE that the Company have acquired 51% stake in the fully paid up Equity Share Capital of Phoenix Lamps Limited on June 18, 2015.<BR><BR>The Board has appointed Mr. K. Ajith Kumar Rai and Mr. Mohan N S, as nominee Directors on the Board of Phoenix Lamps Limited with effect from June 18, 2015.<BR><BR>The Company further report that the Open Offer related activities are progressing as per plan.