Amber Enterprises India Limited has informed you that the Company has approved tomake an additional investment in IL JIN Electronics (India) Private Limited ("IL JIN"), a material subsidiary of the Company, by subscribing to the Rights Issue approved by the Board of Directors of IL JIN.
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Amber Enterprises India Limited will invest approximately Rs. 296.02 Crore in its material subsidiary IL JIN Electronics (India) Private Limited by subscribing to a Rights Issue approved by IL JIN's board. IL JIN is a Pune-based Electronics Manufacturing Services (EMS) provider serving automotive, consumer durables, telecom, healthcare, defence, and renewable energy sectors. IL JIN's turnover has grown sharply from Rs. 880 Crore in FY23 to Rs. 913 Crore in FY24 and Rs. 1,460 Crore in FY25. The investment is in cash and will slightly increase Amber's holding from 89.58% to 89.72%. The Rights Issue is expected to close by 30th April 2026, with no regulatory approvals needed.
This is a capital infusion into an existing subsidiary, strengthening Amber's position in the high-growth EMS space. The ~Rs. 296 Crore outflow is a notable investment but shareholders retain near-total control. May be viewed positively given IL JIN's strong revenue growth, though dilution from non-Amber subscribers will marginally reduce effective holding.