Pursuant to Regulation 30 of SEBI LODR Regulations, we wish to inform the exchange that, IL JIN Electronics (India) Limited, a material subsidiary of the Company, has entered into a Share Swap Agreement on 18th October 2026, in terms of the said agreement, IL JIN shall acquire, 1,75,680 equity shares of Power-one Micro Systems Private Limited, representing its balance 40% equity stake on a fully dilutive basis, from existing shareholders of Power-One ....

Date: 18th October 2026 To To Secretary Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers Dalal Street, Bandra (E) Mumbai – 400 051 Mumbai – 400 001 Scrip Code : 540902 Symbol : AMBER ISIN : INE371P01015 ISIN : INE371P01015 Dear Sir/Ma’am, Subject: Intimation regarding execution of a Share Swap Agreement by IL JIN Electronics (India) Limited (“IL JIN”), a material subsidiary of Amber Enterprises India Limited (“the Company”), for acquisition of the remaining equity stake in Power-One Micro Systems Private Limited (“Power-One”), consequent to which Power-One shall become a wholly- owned subsidiary of IL JIN and the Company Ref: Disclosure pursuant to Regulation 30(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI (LODR) Regulations”), we hereby inform the exchanges that, IL JIN Electronics (India) Limited (Formerly known as IL JIN Electronics (India) Private Limited) (“IL JIN” / “Purchaser”), a Material Subsidiary of the Company, has entered into Share Swap Agreement on 18th October 2026 with Mr. Ramanna Rajesh Mayasandra, Mr. Harsha Venkatesh, Dwaith Advisory Private Limited, Mrs. Doddabidere Honappa Veena (“collectively referred to as the “Sellers”) and Power-One Micro Systems Private Limited (“Power-One”), a step-down subsidiary of the Company. In terms of the Share Swap Agreement, IL JIN shall acquire 1,75,680 equity shares of Power-One, representing the balance 40% equity stake on a fully diluted basis, from the Sellers and shall issue and allot 1,76,000 Compulsorily Convertible Preference Shares (CCPS A3) of face value Rs. 10 each at an issue price of Rs. 10,000 per CCPS A3 (including a premium of Rs. 9,990 per CCPS A3), to the Sellers, against the purchase of equity shares in accordance with the terms and conditions stipulated under the Share Swap Agreement. Upon completion of the aforesaid transaction, IL JIN shall hold 100% of the equity share capital of Power-One and, consequently, Power-One shall become a wholly owned subsidiary of IL JIN and the Company. The disclosures required under SEBI (LODR) Regulations in line with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026 are given in “Annexure – A” and “Annexure – B” to this letter. The above intimation is also available on the website of the Company at www.ambergroupindia.com. We request you to kindly take this on your record, disseminate the same on your website and oblige. Thanking You, Yours faithfully For Amber Enterprises India Limited (Konica Yaadav) Company Secretary and Compliance Officer M. No. A30322 Annexure - A DISCLOSURE AS PER SEBI (LODR) REGULATIONS IN LINE WITH SEBI CIRCULAR NO. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 DATED 30TH JANUARY 2026 a) Name(s) of parties with whom the The Share Swap Agreement have been entered into, amongst the agreement is entered following parties: IL JIN Electronics (India) Limited (“IL JIN” / “Purchaser”) Mr. Ramanna Rajesh Mayasandra (“Seller-1”) Mr. Harsha Venkatesh (“Seller-2”) Dwaith Advisory Private Limited (“Seller-3”) Mrs. Doddabidere Honappa Veena (“Seller-4”) (Seller-1, Seller-2, Seller-3 and Seller-4 collectively referred to as the “Sellers”) Power-One Micro Systems Private Limited (“Power-One”) b) Purpose of entering into the The Agreement has been entered into for the acquisition of the agreement balance 40% equity stake of Power-One on a fully diluted basis, resulting in complete ownership of Power-One, against the issuance and allotment of Compulsorily Convertible Preference Shares (CCPS- A3) to the Sellers as non-cash consideration. c) Shareholding, if any, in the entity with Presently, IL JIN is holding 60% of Shareholding in Power-One whom the agreement is executed d) Significant terms of the agreement (in Share Swap Transaction brief) special rights like right to appoint directors, first right to share The Sellers shall transfer an aggregate of 1,75,680 equity shares subscription in case of issuance of representing 40% of the issued and paid-up share capital of Power- shares, right to restrict any change in One, to IL JIN in the following proportions: capital structure etc. Sl. Name of the Seller No. of Sale Shares 1. Mr. Ramanna Rajesh Mayasandra 1,27,810 2. Mr. Harsha Venkatesh 34,120 3. Dwaith Advisory Private Limited 11,000 4. Mrs. Doddabidere Honappa Veena 2,750 Significant Terms of the Agreement (in brief):  The Agreement provides for acquisition by IL JIN of 1,75,680 equity shares of Power-One, representing 40% of its equity share capital on a fully diluted basis, through a share swap arrangement.  The consideration shall be discharged by way of issuance and allotment of CCPS A3 by IL JIN to the Sellers.  The Agreement contains customary terms and conditions, including representations, warranties, indemnities, covenants and conditions precedent/ subsequent customary for transactions of this nature. All other terms and covenants are standard, as set forth in the said Share Swap Agreement. e) Whether, the said parties are related IL JIN is a material subsidiary of Amber. Power-One is a step-down to Promoter /Promoter Group/ Group subsidiary of Amber. Companies in any manner. If yes, nature of relationship Mr. Mayasandra Ramanna Rajesh serves as the Managing Director of Power-One. Mrs. Doddabidere Honappa Veena is the spouse of Mr. Mayasandra Ramanna Rajesh. Mr. Harsh Venkatesh is a Director of Dwaith Advisory Private Limited and is the son of Mr. Venkateshamurthy, who is a Director of Power- one. Accordingly, Mrs. Doddabidere Honappa Veena, Mr. Harsh Venkatesh, Dwaith Advisory Private Limited and Mr. Mayasandra Ramanna Rajesh q ualify as related parties. f) Whether the transaction would fall Yes. The transaction constitutes a related party transaction. within related party transactions? If yes, whether the same is done at T he transaction is being undertaken on an arm's length basis. “arms length” g) In case of issuance of shares to the Under the Share Swap Agreement, IL JIN will issue and allot 1,76,000 parties, details of issue price, class of CCPS A3 of face value Rs. 10 each, at an issue price of Rs. 10,000 per shares issued CCPS A3 (including a premium of Rs. 9,990 per CCPS A3), to the Sellers. h) Any other disclosures related to such Not Applicable agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest a rising out of such agreements, etc. i) In case of termination or amendment Not Applicable of agreement, listed entity shall disclose additional details to the stock exchange(s): a) Name of parties to the agreement; b) Nature of the agreement; c) Date of execution of the agreement; d) Details of amendment and impact thereof or reasons of termination and impact thereof. Annexure - B DISCLOSURE AS PER SEBI (LODR) REGULATIONS IN LINE WITH SEBI CIRCULAR NO. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 DATED 30 JANUARY 2026 a) Name of the target entity, details in brief Power-One Micro Systems Private Limited (“Power-One”), is a such as size, turnover etc. company incorporated under the provisions of the Companies Act 1956, on 30th March 1998, having its Registered Office at GF3 & F12, KSSIDC Building, Industrial Estate 5th Cross Peenya, I Stage, Bangalore, Karnataka, India, 560058. It is engaged in the business of:- a) Manufacturing of comprehensive range of products including solar inverters (on-grid, off-grid and hybrid), uninterruptible power supplies (“UPS”), Battery Energy Storage Systems (BESS), EV chargers and other power & energy solutions b) Other products c) Providing related services Capital and Turnover Details: Authorized Sha [Showing first 8,000 characters — download PDF for full document]