Amber Enterprises India Limited — Important, 14-08-2026: Disclosure of material issue

**Amber Enterprises (AMBER) Subsidiary Update:** Its material subsidiary, IL JIN Electronics, has announced a board meeting where key leadership changes were approved to strengthen governance and financial oversight.

**What happened:**

* IL JIN appointed Mr. Prakash Iyer and Ms. Sabina Moti Bhavnani as Independent Directors. Notably, both are already Independent Directors on Amber Enterprises' main board, suggesting strong strategic alignment.

* Mr. Sudhir Goyal, Amber Enterprises' current Chief Financial Officer (CFO), has also been appointed as the CFO of IL JIN, unifying financial leadership across the group.

* Ms. Lovely Mehra resigned as an Independent Director of IL JIN due to personal and professional commitments.

**Possible Impact:**

These appointments bring experienced professionals with a deep understanding of the Amber Group's vision to the subsidiary's board and management. This is likely to enhance governance, streamline financial operations, and ensure consistent strategic direction between the parent company and its material subsidiary. The resignation of an Independent Director due to personal reasons is a standard occurrence, with the company swiftly filling the void with experienced replacements.

**Company's Response:**

Amber Enterprises (through IL JIN) has proactively strengthened the subsidiary's leadership team by bringing in seasoned directors and its own CFO, ensuring robust oversight and strategic continuity.