Amber Enterprises India Acquisition Worth ₹176 Cr
Amber Enterprises' subsidiary IL JIN will acquire the remaining 40% stake in Power-One for ₹176 Crore via a share swap, achieving full ownership.
- Value
- ₹176.0 Cr
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Amber Enterprises' subsidiary IL JIN will acquire the remaining 40% stake in Power-One for ₹176 Crore via a share swap, achieving full ownership.
Amber's subsidiary IL JIN Electronics will acquire the remaining 1.50% stake in Ascent Circuits, making it a wholly-owned subsidiary via a ₹13.12 Crore share swap.
Amber Enterprises has extended the timeline for its subsidiary's acquisition of an additional stake in MoMagic Wireless Private Limited. The second tranche completion is now expected by November 30, 2026.
Amber Enterprises announced the publication of the notice of hearing regarding the Scheme of Amalgamation of its wholly-owned subsidiary, AmberPR Technoplast, into the company.