Suprajit Engineering has entered into an asset purchase agreement to acquire a halogen bulb manufacturing facility (near Chennai) from Osram India Pvt Ltd. The transaction is expected to be completed by the end of September and will be funded by internal accruals, it said in a notice to the exchanges. With this acquisition, Suprajit’s halogen bulb manufacturing annual capacity will increase to about 110 million from 87 million. Through a separate agreement, Suprajit will become a part of the global supply chain to Osram and will start to supply halogen bulbs from its plants in India includi...