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Amber Enterprises India informs about updates on acquisition

04 May 2024 Evaluate
With reference to intimation dated 21.03.2024 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (SEBI LODR Regulations), Amber Enterprises India has informed that, the Company has acquired 50% stake through primary investment in equity share capital of Resojet Private (Resojet/JV Company) - A part of LCGC Resolute Group, Hyderabad, on 04.05.2024, at a cost consideration of Rs 35,00,00,000 (Rupees Thirty-Five Crore Only). Pursuant to the said acquisition Resojet has become a Joint Venture Company of the Company i.e. Amber Enterprises India. The disclosures pertaining to this, as required under SEBI Listing Regulations, read with SEBI Circular No. CIR/ CFD/CMD/4/2015 dated 09 September 2015 and other applicable SEBI Circular(s) was already duly submitted as Annexure A to intimation dated 21.03.2024. The above intimation is also available on the website of the Company at www.ambergroupindia.com.

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

Amber Enterprises Share Price

7960.30 249.00 (3.23%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Voltas 1440.00
Blue Star 1865.85
Amber Enterprises 7960.30
Bosch Home Comfort 1347.55
EPACK Durable 248.40
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