AMBERNSEAmber Enterprises India LimitedMediumNeutral
Announced Wed, 1 Apr · 15:51 IST

Amber Enterprises India Limited has informed the Exchange that IL JIN Electronics (India) Private Limited ( IL JIN ), a material subsidiary of the Company, has further indirectly acquired ordinary shares of Unitronics (1989) (R"G) Ltd. through ILJIN Holding Ltd, an Israel-based wholly owned subsidiary of IL JIN, in one or more tranches.

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

AMBER · price

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹6525.00
prior close
₹6520.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-3.1-3.5-3.6-1.5-1.5+6.4+6.5+11.1+14.8+24.3+23.1+15.8+13.4
Up moveDown movePending
AI summary

Amber Enterprises India Limited has disclosed that its material subsidiary IL JIN Electronics (India) Private Limited has further acquired an additional 4.85% stake in Unitronics (1989) (R"G) Ltd. through ILJIN Holding Ltd, an Israel-based wholly owned subsidiary of IL JIN. Following this acquisition, IL JIN now holds 49.66% ownership stake in Unitronics. This acquisition was done in one or more tranches and is a continuation of multiple prior intimations filed throughout 2025. The company has stated that all required disclosures under SEBI LODR Regulations were already submitted with an earlier intimation dated 28th July 2025.

Likely market impact

The subsidiary has now accumulated a 49.66% stake in Unitronics, approaching the 50% threshold. This gradual acquisition pattern in tranches may trigger open offer requirements under SEBI regulations once the threshold is crossed.