Amber Enterprises has acquired 36,000 equity share of face value of Rs 1000 each comprising of 80% of the equity share capital of Sidwal. After the acquisition Sidwal has become a subsidiary of the company.
Amber Enterprises India, a part of Amber Group, is one of the largest original equipment manufacturer of white goods in India. Its product list includes Split & Window Air Conditioners for commercial and residential use, Heat Exchangers, Multi Flow Condensers and Home appliances.