Amber Enterprises India Limited has informed the Exchange regarding a press release dated June 28, 2025, titled "AMBER GROUP ENTERS INTO DEFINITIVE AGREEMENTS TO TAKE MAJORITY STAKE IN POWER-ONE MICRO SYSTEMS PVT. LTD".
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Amber Enterprises India Limited announced that its material subsidiary IL JIN Electronics India Pvt Ltd has entered into definitive agreements to acquire a majority stake in Bengaluru-based Power-One Micro Systems Pvt. Ltd. Power-One, incorporated in 1998, is a leading player in Battery Energy Storage Systems (BESS), solar inverters (on-grid, off-grid, hybrid from 1kW to 250kW), EV chargers, and UPS systems, with over 7 lakh products sold and 400+ employees. The company serves marquee clients including HAL, BHEL, BEML, NTPC, PGCIL, Tata Group, L&T, Aditya Birla Group, Renew Power, and Jackson. This acquisition gives Amber's Electronic Division a strong foothold in the fast-growing BESS, EV chargers, and solar inverter markets, expanding its portfolio beyond consumer durables, hearables, telecom, automotive, and energy meters into the industrial segment. The promoters of Power-One will continue to be involved, with the deal positioned as a strategic partnership aligned with the National Solar Mission and Atmanirbhar Bharat objectives.
This is a strategically significant acquisition that diversifies Amber's electronic division into high-growth renewable energy and energy storage segments, potentially boosting long-term revenue and valuation. Near-term stock reaction is likely positive given the marquee client base and synergy potential, though deal valuation, funding structure, and integration risks will be closely watched.