Amber Enterprises India has acquired 27,91,978 equity share of face value of Rs 10 each comprising of 51% equity stake of total Share Capital of Ever Electronics (Ever). By virtue of the aforesaid acquisition of equity shares of Ever, the company now holds 70% equity stake in the share capital of Ever.
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.