Announced Tue, 21 Apr · 19:29 IST

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.

Ownership Changes View source PDF

AMBER · price

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-0.7%1-day move
₹7843.50
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AI summary

Amber Enterprises India Limited has completed subscription to a rights issue by its material subsidiary IL JIN Electronics (India) Private Limited. Amber was allotted 12,46,430 equity shares of IL JIN on 21st April 2026, representing an investment of Rs. 296.02 Crore. Following this allotment, Amber's shareholding in IL JIN increased from 48,51,810 shares to 60,98,240 shares, strengthening its ownership in the subsidiary. This was disclosed in continuation of an earlier intimation dated 19th March 2026.

Likely market impact

This transaction increases Amber Enterprises' control over its subsidiary IL JIN and reflects a strategic capital deployment of ~Rs. 296 crore. There is no direct impact on Amber's listed equity shares, but it signals continued consolidation of its subsidiary structure.