Shares of Amber Enterprises India climbed more than 2% in early trade on Monday after the company announced that its step-down subsidiaries, Ascent-K Circuit Private Limited and Shogini Technoarts Pvt Ltd, have received formal approval under the Electronics Components Manufacturing Scheme (ECMS). As of 9:23 AM, the stock was trading 2.23% higher at ₹6,627.00
The approval was granted on January 02, 2026, and was announced in the presence of senior government leadership, including Union Minister for Electronics & Information Technology, Railways and Information & Broadcasting Ashwini Vaishnaw, and Minister of State for Electronics & Information Technology and Commerce and Industry Jitin Prasada. Senior officials from the Ministry of Electronics and Information Technology were also present during the announcement.
According to the company, the ECMS approval enables its subsidiaries to participate in the government-backed scheme aimed at boosting domestic manufacturing of electronic components. The initiative is designed to strengthen India’s Electronics Manufacturing Services (EMS) ecosystem by encouraging localisation and reducing reliance on imports.
