Amber Enterprises India Limited — JV/Acquisition, 18-06-2026: Acquisition

Amber Enterprises, through its subsidiary IL JIN, is increasing its stake in Ascent Circuits to 98.50% by acquiring an additional 38.50% for ₹336.75 Cr. This move brings near-complete ownership and effective control over Ascent, a key manufacturer of Printed Circuit Boards (PCBs). The acquisition strengthens Amber's position in the electronics sector, aiming for enhanced operational alignment and synergies. Ascent's robust turnover, reaching ₹401.87 Cr in FY26, underscores its growing market presence. This strategic consolidation is set to improve efficiency within Amber's ecosystem.