Amber Enterprises India Limited — JV/Acquisition, 21-04-2026: Acquisition
21-04-2026 · 07:29 pm
Amber Enterprises has deepened its investment in material subsidiary IL JIN Electronics (India) Private Limited. Through a rights issue, Amber injected Rs. 296.02 Crore to acquire an additional 12,46,430 equity shares in IL JIN. This strategic move reinforces Amber's control and commitment to its key subsidiary, boosting its total shareholding from 48,51,810 to 60,98,240 equity shares. The increased stake positions Amber for enhanced operational synergy and strengthens its hold over a crucial part of its business.
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