Amber Enterprises India Limited announced that its material subsidiary, IL JIN Electronics (India) Private Limited, has acquired an additional 1.00% equity stake in Ascent Circuits Private Limited. The transaction, completed on July 3, 2026, involved a purchase consideration of approximately Rs. 8 Crore. This strategic move increases IL JIN's shareholding in Ascent Circuits from 97.50% to 98.50%, reinforcing the parent company's control over the step-down subsidiary.

Acquisition Details

The acquisition was executed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ascent Circuits serves as a key manufacturing partner for the Amber Group, particularly in the field of printed circuit boards (PCBs). The company operates under IL JIN Electronics and focuses on automotive and industrial applications.

Shareholding Structure

The following table details the change in shareholding post-acquisition:

The disclosures required under SEBI (LODR) Regulations, in line with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026, were submitted as part of the intimation dated June 18, 2026.

Amber Enterprises India Limited has confirmed that its promoters and promoter group members did not create any encumbrance, directly or indirectly, on the equity shares held by them during the financial year ended 31 March 2026. This disclosure ensures that the shareholding of the key stakeholders remains free from liens or charges, which is critical for maintaining corporate governance standards. The company submitted the annual disclosures to BSE Limited and National Stock Exchange of India Ltd. pursuant to Regulations 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declarations were submitted by the promoters and members of the promoter group, including Jasbir Singh and Daljit Singh. The filing detailed the shareholding pattern of these individuals, confirming their status and the percentage of shares held in the company. The absence of encumbrance indicates that the promoters have not pledged their shares to secure loans or other financial obligations during the specified period.

Shareholding Details

The disclosure provided a breakdown of the equity shares held by the promoters and persons acting in concert. The table below outlines the specific holdings as declared in the filing.

The declarations were signed individually by Jasbir Singh, Daljit Singh, Kartar Singh, Amandeep Kaur, and Sukhmani Lakhat. Each promoter and promoter group member affirmed that no encumbrance was created on their holdings during FY26. The Company Secretary and Compliance Officer, Konica Yaadav, forwarded these disclosures to the exchanges on 7 April 2026.