News Announcement

Amber Enterprises India: Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of SEBI LODR Regulations we wish to inform the exchange that IL JIN Electronics (India) Limited a material subsidiary of the Company has entered into a Share Swap Agreement on 18th October 2026 in terms of the said agreement IL JIN shall acquire 1 75 680 equity shares of Power-one Micro Systems Private Limited representing its balance 40% equity stake on a fully dilutive basis from existing shareholders of Power-One and shall issue and allot 1 76 000 Compulsorily Convertible Preference Shares (CCPS A3) at an issue price of Rs. 10 000 per CCPS A3 (including a premium of Rs. 9 990 per CCPS A3) to the Sellers as non-cash consideration. Upon completion of the aforesaid transaction Power-One shall become a wholly owned subsidiary of IL JIN and the Company.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Mutual Fund Insight turns 24! 🎉 Get 2 FREE anniversary guides: The Right SIP + The Big Funds