Amber Enterprises India has acquired 9,000 equity share of face value of Rs 1000 each comprising of 20% of the Equity Share Capital of Sidwal Refrigeration Industries (Sidwal). By virtue of the aforesaid acquisition of equity shares, the Sidwal has become a Wholly Owned subsidiary of the company with effect from September 18, 2020.
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.
