Pursuant to Regulation 30 of SEBI LODR Regulations 2015 we wish to inform the Exchange that the timeline for completion of the second tranche of acquisition of equity stake in MoMagic Wireless Private Limited by IL JIN Electronics India Private Limited a material subsidiary of the Company has been extended to 30th September 2026 or such other date as mutually agreed between the parties to the Definitive Transaction Agreements.
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Amber Enterprises has informed the stock exchanges that the deadline for completing the second tranche of its acquisition of MoMagic Wireless Private Limited has been pushed back to 30th September 2026. The acquisition is being carried out by IL JIN Electronics India Private Limited, which is a material subsidiary of Amber Enterprises. The extension was mutually agreed between the parties to the Definitive Transaction Agreements. Earlier disclosures related to this deal were already submitted to the exchanges on 14th February 2026 as Annexure A and B. No new financial terms or valuation details have been shared in this filing.
This is a procedural timeline extension and not a cancellation or change in deal terms, so the strategic direction remains the same. Short-term, the stock is unlikely to react meaningfully since no fresh information on price or valuation is disclosed.