Amber Enterprises India informs about updates on acquisition

Amber Enterprises India Ltd. | Air Conditioners | Consumer Durables | BSE: 540902 | NSE: AMBER

22 Feb 2024 Evaluate

With reference to intimation dated 25.01.2024 and pursuant to regulation 30 of SEBI Listing Regulations, Amber Enterprises India has informed that, Shivaliks Mercantile, the JV-SPV of Sidwal Refrigeration Industries, the wholly owned material subsidiary of the Company has acquired 34.59% stake in the share capital of Titagarh Firema, a company based out of Italy, at a cost consideration aggregating to approximately Rs. Euro 20.21 million, yo grow capabilities and capacities for various products in India and Italy.

The above information is a part of company’s filings submitted to BSE.

Peers

Company Name	CMP
Voltas	1141.20
Blue Star	1481.50
Amber Enterprises	6959.00
EPACK Durable	178.35
Bosch Home Comfort	1657.40
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.