Phoenix Lamps Ltd. to merge with Suprajit Engineering Ltd.  [ India ]

India’s leading automotive cable supplier Suparajit Engineering and automotive lamp manufacturer Phoenix Lamps announced the merger of the two companies in separate meetings of their respective boards of directors on April 22. Phoenix Lamps currently is a subsidiary of Suprajit Engineering, in which Suprajit owns 61.93% of Phoenix’s equity shareholding. Post-merger Phoenix Lamps Ltd will operat...
<May 20, 2016>