Amber enterprises India Limited has successfully completed a major acquisition through its subsidiary, marking a significant milestone in the company's strategic expansion plans. The transaction involves a substantial equity investment in the wireless technology sector.

Acquisition Details

IL JIN Electronics (India) Private Limited, a material subsidiary of Amber Enterprises, has completed the first tranche acquisition of MoMagic Wireless Private Limited. The transaction was finalized on April 3, 2026, representing a strategic entry into the wireless technology space.

Transaction Structure

The acquisition was executed through subscription to fresh equity shares allotted by MoMagic Wireless to IL JIN Electronics. This structure indicates that the investment will provide fresh capital to MoMagic rather than being a secondary market transaction. The total consideration of ₹19,99,99,981.12 represents a significant investment commitment by the Amber Enterprises group.

Regulatory Compliance

Amber Enterprises has maintained full transparency regarding this acquisition, with all necessary regulatory disclosures completed in advance. The company had previously submitted the required documentation to stock exchanges on February 14, 2026, including:

• Comprehensive disclosures under SEBI LODR Regulations
• Documentation as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
• Annexure A and Annexure B containing detailed transaction information

Strategic Significance

This acquisition represents the first tranche of Amber Enterprises' investment in MoMagic Wireless, suggesting potential for further equity participation in future tranches. The investment through IL JIN Electronics, identified as a material subsidiary, demonstrates the company's commitment to leveraging its subsidiary network for strategic growth initiatives.

The completion of this transaction strengthens Amber Enterprises' portfolio diversification and positions the company in the wireless technology sector through its subsidiary structure.

Amber enterprises India Limited has informed stock exchanges about its material subsidiary's strategic expansion of ownership in Israeli technology company Unitronics. The acquisition strengthens the company's international presence through its subsidiary network.

Strategic Acquisition Details

IL JIN Electronics (India) Private Limited, a material subsidiary of Amber Enterprises, has indirectly acquired an additional 4.85% stake in Unitronics (1989) (R"G) Ltd. The acquisition was executed through ILJIN Holding Ltd, which serves as IL JIN's wholly owned subsidiary based in Israel.

Ownership Structure and Investment Vehicle

The acquisition was structured through ILJIN Holding Ltd, an Israel-based entity that functions as IL JIN's wholly owned subsidiary. This investment vehicle approach allows IL JIN to maintain strategic control over its international investments while operating within the regulatory framework of the target company's jurisdiction.

As a result of this latest acquisition, IL JIN now holds a 49.66% ownership stake in Unitronics' equity share capital through its investment vehicle ILJIN Holding. This represents a significant strategic position in the Israeli technology company.

Regulatory Compliance and Previous Acquisitions

The company has maintained transparency through regular regulatory filings, with this acquisition being part of an ongoing investment strategy. Previous intimations were filed on multiple dates throughout 2025:

• 28th July 2025
• 6th October 2025
• 9th October 2025
• 24th November 2025
• 31st December 2025

The required disclosures under SEBI (LODR) Regulations have been completed in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30th January 2026. The initial regulatory submissions were filed as annexures to the 28th July 2025 intimation.

Corporate Communication

Amber Enterprises has ensured comprehensive disclosure of this transaction across multiple channels. The intimation has been filed with both BSE Limited and National Stock Exchange of India Ltd, and the information is being made available on the company's website at www.ambergroupindia.com for stakeholder access.