Jagan Lamps discloses acquisition of halogen lamp manufacturing machinery from Tungsram Operations Kft. Hungary under SEBI Regulation 30.
The machinery acquisition aims to add annual production capacity of approximately 32.4 crore halogen bulbs for capacity expansion.
Transaction is not a related party deal and requires no governmental approvals, with expected completion within 60 days.
Consideration and acquisition cost remain undisclosed in the regulatory filing to the stock exchange.