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Amber Enterprises India’s arm acquires 100% equity stake in ILJIN Holding

22 Sep 2025 Evaluate

Amber Enterprises India’s material subsidiary -- IL JIN Electronics (India) (ILJIN) has acquired 100% equity stake in ILJIN Holding, a company incorporated in Israel on September 7, 2025. Consequently, ILJIN Holding has become a wholly owned subsidiary of ILJIN and a step-down wholly owned subsidiary of the company. ILJIN Holding was established as a special purpose vehicle (SPV) to act as the dedicated investment platform for ILJIN, aimed at supporting and facilitating ILJIN’s strategic international investments and acquisitions.

Amber Enterprises India design and manufacture complete RACs including window air conditioners (WACs) and indoor units (IDUs) and outdoor units (ODUs) of split air conditioners (SACs) with specifications ranging from 0.75 ton to 2 ton, across energy ratings and types of refrigerant.

Peers
Company Name CMP
Voltas 1156.10
Blue Star 1502.85
Amber Enterprises 7061.45
EPACK Durable 180.45
Bosch Home Comfort 1678.10
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