Amber Enterprises India Limited has completed the acquisition of the remaining 50% equity stake in Amber Resojet Private Limited, making it a wholly owned subsidiary. The acquisition was finalised on 10th April 2026, with a purchase consideration of ₹1,74,44,908.42.
This strategic move transitions Amber Resojet from a joint venture to a wholly owned subsidiary of Amber Enterprises, thereby consolidating its control over Amber Resojet. The company had previously announced its intention to acquire this stake on 3rd April 2026.
Amber Enterprises has adhered to the necessary regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed disclosures, as required by SEBI, have been submitted in the annexures of the earlier intimation dated 3rd April 2026.
For further details, stakeholders and interested parties can access the information on the company’s official website at www.ambergroupindia.com.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).