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Amber Enterprises’ arm acquires additional stake in Ascent Circuits

20 Jun 2026 Evaluate

Amber Enterprises India’s material subsidiary -- IL JIN Electronics (India) (IL JIN) has acquired an additional 37.50% equity stake in Ascent Circuits (Ascent), a subsidiary of IL JIN and a step-down subsidiary of the company on June 19 2026, for a total purchase consideration of around Rs 328 crore.

Consequent to the aforesaid acquisition, IL JIN’s shareholding in Ascent has increased from 60% to 97.50%.

Amber Enterprises India is a prominent solution provider for Air conditioner OEM/ODM Industry in India.


Amber Enterprises Share Price

7886.95 -68.10 (-0.86%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Voltas 1342.00
Blue Star 1667.45
Amber Enterprises 7886.95
Bosch Home Comfort 1382.60
EPACK Durable 229.90
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