Announced Fri, 26 Jun · 18:13 IST
Two subsidiaries declassified as Material Subsidiaries from FY 2026-27
Business Updates View source PDF
AMBER · price
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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹7641.00
prior close
₹7684.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.0-0.9-1.2-1.5-2.6-3.2-2.3-0.6-2.9+2.6———
Up moveDown movePending
AI summary
Amber Enterprises informs that Ascent Circuits and Sidwal Refrigeration Industries have ceased to be classified as Material Subsidiaries from FY 2026-27. Based on audited FY 2025-26 financials, both fell below the 10% income or net worth threshold under SEBI LODR Regulation 16(1)(c). Sidwal is wholly-owned; Ascent is a step-down subsidiary via IL JIN Electronics.
Likely market impact
Routine governance disclosure. Subsidiaries fell below 10% materiality threshold relative to Amber's consolidated size; minimal direct impact for shareholders.