Acquisition

Amber Enterprises India Limited announced that its material subsidiary, IL JIN Electronics (India) Private Limited, acquired an additional 37.50% equity stake in Ascent Circuits Private Limited on June 19, 2026. Ascent Circuits was already a step-down subsidiary of Amber and a subsidiary of IL JIN. This decision further increases Amber's overall ownership and control in Ascent Circuits. For investors, this signifies enhanced consolidation within the group, potentially streamlining operations and financial reporting for Ascent Circuits.