We hereby inform the exchanges that, IL JIN Electronics (India) Private Limited a Material Subsidiary of the Company, has entered into Definitive Transaction Agreements on 14 November 2025 for acquisition on majority stake in Shogini Technoarts Private Limited
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Awaiting price reaction for this filing.
Amber Enterprises has informed exchanges that its material subsidiary, IL JIN Electronics (India) Private Limited, has signed definitive transaction agreements on 14 November 2025 to acquire a majority stake in Shogini Technoarts Private Limited. Since the acquisition is being done through a material subsidiary, the deal is financially significant for Amber Enterprises and will need to be consolidated in its accounts. Key transaction details such as deal value, stake percentage, and funding structure have not been disclosed in this filing. This move is likely aimed at expanding Amber Enterprises' electronics manufacturing footprint through its subsidiary.
Positive for shareholders as the acquisition could strengthen the group's electronics business and add new capabilities, though the lack of disclosed deal value may cause short-term uncertainty until further details emerge.