Amber Enterprises India Limited

Amber Enterprises India Limited

Amber Enterprises India Limited has announced the resignation of Mr. Manjunath Punyamurthy, the Managing Director of Ascent Circuits Private Limited. Ascent Circuits is a step-down subsidiary of Amber, specifically operating under IL JIN Electronics (India) Private Limited, a material subsidiary. The resignation is effective from the close of business hours on June 18, 2026. This internal leadership change within a key subsidiary may be of interest to investors monitoring management stability and operational continuity across the group.

Amber Enterprises India Limited

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.

Amber Enterprises India Limited

Amber Enterprises India Limited has entered into a manufacturing collaboration with Oppo Mobiles India Private Limited to manufacture mobile phones for Oppo, OnePlus, and Realme brands in India.

Amber Enterprises India Limited

Amber Enterprises India Limited has entered into a Manufacturing Collaboration Agreement with Oppo Mobiles India Private Limited for manufacturing mobile phones in India, marking a new line of business for the company.

Amber Enterprises India Limited

Amber Enterprises India Limited has informed the Exchange regarding the execution of Share Purchase Agreements by its subsidiary IL JIN Electronics (India) Private Limited for the acquisition of an additional 38.50% equity stake in Ascent Circuits Private Limited, a step-down subsidiary of the Company, resulting in IL JIN's shareholding increasing from 60% to 98.50%.

Amber Enterprises India Limited

Amber Enterprises India Limited has executed Share Purchase Agreements with IL JIN Electronics (India) Private Limited and other shareholders of Ascent Circuits Private Limited for IL JIN to acquire an additional 38.50% equity stake in Ascent, increasing its shareholding from 60% to 98.50%.