Amber Enterprises India Limited has successfully completed the rights issue allotment for its material subsidiary, IL JIN Electronics (India) Private Limited. The process, which concluded on 21st April 2026, resulted in Amber Enterprises subscribing to and being allotted 12,46,430 equity shares in IL JIN.
This subscription, representing an investment of ₹296.02 crore, increases Amber Enterprises’ equity stake in IL JIN. Prior to the allotment, Amber held 48,51,810 equity shares in IL JIN. Following the rights issue, this number has increased to 60,98,240 equity shares.
The completion of this rights issue aligns with Amber Enterprises’ strategic objectives to strengthen its position in the electronics manufacturing sector through increased investment in its subsidiaries.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).