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.
| Company Name | CMP |
|---|---|
| Voltas | 1342.00 |
| Blue Star | 1667.45 |
| Amber Enterprises | 7886.95 |
| Bosch Home Comfort | 1382.60 |
| EPACK Durable | 229.90 |
| View more.. | |
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