Amber Enterprises India Merger & Restructuring
Amber Enterprises received 30.49 crore bonus equity shares in its material subsidiary, IL JIN Electronics. This acquisition involves no cash consideration and maintains Amber's 89.71% stake.
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Amber Enterprises received 30.49 crore bonus equity shares in its material subsidiary, IL JIN Electronics. This acquisition involves no cash consideration and maintains Amber's 89.71% stake.
Amber Enterprises received an NCLT order regarding its merger with subsidiary AmberPR Technoplast. The Tribunal directed statutory notices and listed the matter for September 2026.
Amber Enterprises subsidiary acquired an additional 1% stake in Ascent Circuits for Rs. 8.75 Crore. Total shareholding in the entity increased to 98.50%.
IL JIN Electronics acquired 1% additional stake in Ascent Circuits for Rs. 8 Crore. This increases IL JIN's holding from 97.5% to 98.5%.
Amber Enterprises declassified Ascent Circuits and Sidwal Refrigeration as material subsidiaries. This change follows the audited financial results for FY 2025-26.
Amber Enterprises, through its subsidiary IL JIN, incorporated a ₹1 Crore joint venture named ILJIN Technologies. The move targets higher-value medical, defense, and aerospace electronics segments.