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Bajaj Electricals fully acquires JV firm Starlite Lighting


Bajaj Electricals fully acquires JV firm Starlite Lighting
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Last Updated: May 01, 2021, 07:00 PM IST
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Synopsis
In consideration of the said relinquishment and transfer of joint Control and Management Rights of SLL by Outgoing Promoters in favour of the company, the company will pay an aggregate control premium of Rs 14.80 crore, plus GST as applicable, to the Outgoing Promoters, subject to the terms and conditions of the said CTA, it said.
Agencies
It has also entered into a share subscription agreement for buying 45 lakh equity shares of SLL at a price of Rs 10 apiece.
Bajaj Electricals on Saturday said it has bought the remaining stakes of ....

Arvind Bharati , Ravindra Bharati , Starlite Lighting Ltd , Lighting Ltd , Management Rights , Outgoing Promoters , Bajaj Electricals , ரவின்ற பாரதி , ஸ்டார்லைட் விளக்குகள் லிமிடெட் , விளக்குகள் லிமிடெட் , மேலாண்மை உரிமைகள் , பஜாஜ் மின்பொருளகம் ,