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Suprajit Engineering surges as board approves merger of Phoenix Lamps - Business Standard
Moneycontrol.com | Suprajit Engineering surges as board approves merger of Phoenix Lamps Business Standard Phoenix Lamps is the subsidiary of Suprajit Engineering wherein Suprajit currently owns 61.93% of Phoenix equity shareholding. The merger ratio has been set at 4 shares of (Re.1/- each) Suprajit for every 5 shares of (Rs. 10/- each) Phoenix in line ... Phoenix Lamps board approves draft Scheme of amalgamation with Suprajit Engineering Suprajit Engineering informs about outcome of board meeting |
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