Bajaj Electricals Limited (BSE:500031) acquired additional 28% stake in Starlite Lighting Limited for INR 0.35 million on July 10, 2017. Under the terms, Bajaj Electricals Limited acquired 3.5 million shares. Bajaj Electricals Limited has increased the shareholding from 19% to 47% stake in Starlite Lighting Limited. For the year ended March 31, 2017, Starlite Lighting Limited reported a turnover of INR 1.2 billion. Bajaj Electricals Limited (BSE:500031) completed the acquisition of additional 28% stake in Starlite Lighting Limited on July 10, 2017.