Amber's subsidiary IL JIN to acquire remaining 40% in Power-One via share swap

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

AMBER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹6668.00

prior close

₹6695.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%-0.9% vs market

Household Appliances peers, median of 22sector-1.4%-0.7% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Smallcap 250 and 0.7 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.2

15m

-0.8

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1-1.1-0.9-1.4-0.7

Next day

-4.9-3.4-1.5-3.0-1.9

-7.3-4.4-2.9-4.1-3.2

-10.0-7.1-2.8-7.4-2.5

-11.4-6.1-5.3-6.1-5.3

-9.6pendingpending-3.6-6.0

—————

15d

—————

UpDownMarket · Nifty Smallcap 250Sector · Household Appliances peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Amber Enterprises' material subsidiary IL JIN Electronics has signed a Share Swap Agreement to acquire the remaining 40% stake in Power-One Micro Systems, a step-down subsidiary. IL JIN will swap 1,76,000 CCPS A3 at Rs 10,000 each for 1,75,680 equity shares representing 40%. Power-One operates in solar inverters, UPS, battery storage and EV chargers, with FY26 turnover of Rs 270 crore. Post-deal, Power-One becomes a wholly-owned subsidiary. Related party transaction at arm's length.

Likely market impact

Consolidates ownership of fast-growing step-down subsidiary in power electronics, with no cash outflow for Amber group.