Amber Enterprises India Limited: Acquisition

M&A / JV 3 Nov 2026 · Completed· ✓ Verified

Acquisition - Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform the exchange that IL JIN Electronics (India) Limited, a material subsidiary of the Company ("IL JIN") has completed acquisition of the balance 1.50% equity stake of Ascent Circuits Private Limited ("Ascent Circuits"), from Ms. Manju Thomas, shareholder of Ascent Circuits, pursuant to Share Swap Agreement executed on 18th October 2026, thereby making Ascent Circuits Wholly-Owned Subsidiary of IL JIN and Wholly-Owned step down subsidiary of the Company. Further, 13,120 Compulsorily Convertible Preference Shares A2 have been allotted by IL JIN to Ms. Manju Thomas, as non-cash consideration, for the…

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