Amber Enterprises India Limited has informed the Exchange that IL JIN Electronics (India) Private Limited, a material subsidiary of the Company, on 15 February 2026, has executed an Amendment Agreement to the Joint Venture Agreement dated 18 September 2023 with Stelltek Technologies Private Limited, the joint venture company of IL JIN, and Nexxbase Marketing Private Limited, the joint venture partner of Stelltek.
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Amber Enterprises India Limited informed the stock exchange that its material subsidiary, IL JIN Electronics (India) Private Limited, executed an Amendment Agreement on 15 February 2026. This amendment modifies the original Joint Venture Agreement dated 18 September 2023 involving Stelltek Technologies Private Limited (a JV company of IL JIN) and Nexxbase Marketing Private Limited (the JV partner of Stelltek). The specific terms of the amendment have not been disclosed in the filing. The change involves an existing JV structure between these three entities rather than the creation of any new arrangement.
Without details on what the amendment changes, the near-term impact on shareholders is unclear. Investors should watch for further disclosures on revised shareholding, capital commitments, or scope of the JV, as such changes could affect the subsidiary's contribution to Amber's consolidated earnings.