Pursuant to Regulation 30 of LODR Regulations, we wish to inform the exchange that in context of Rights issue process of IL JIN Electronics (India) Private Limited ("IL JIN"), a material subsidiary of the Company, the Company has been allotted 12,46,430 equity shares by IL JIN on 21st April 2026.
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Amber Enterprises India Limited has completed subscription to a rights issue of its material subsidiary IL JIN Electronics (India) Private Limited. The company has been allotted 12,46,430 equity shares worth Rs. 296.02 Crore on 21st April 2026. Following this allotment, Amber's holding in IL JIN has increased from 48,51,810 to 60,98,240 equity shares. This represents an additional equity stake acquisition in the subsidiary, strengthening Amber's control over IL JIN.
This acquisition increases Amber Enterprises' ownership in its material subsidiary IL JIN, consolidating control. For shareholders, this signals continued investment in the subsidiary's growth, though it involves a significant capital outflow of Rs. 296.02 Crore.