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.

Amber Enterprises has completed a significant corporate restructuring through its material subsidiary Sidwal Refrigeration Industries Private Limited, which has divested its entire 49% equity stake in Shivaliks Mercantile Limited. The transaction was completed on March 30, 2026, following approval from the Strategic Alliance Committees of both companies.

Transaction Details

Sidwal has entered into a Share Purchase Agreement with JP Fincap Private Limited for the sale of all equity shares held in Shivaliks Mercantile. The divestment marks the end of the joint venture partnership between Sidwal and Shivaliks Mercantile.

Financial Impact and Write-offs

Sidwal had already written off its full investment in Shivaliks in the financial statements for the quarter ended December 31, 2025, disclosed as exceptional items. During the financial year ended March 31, 2025, Shivaliks contributed a loss of Rs. 25.62 crore to the consolidated financial statements, with no positive net worth contribution.

Buyer Profile

JP Fincap Private Limited is an independent third-party entity incorporated in India on May 19, 1995. The company is engaged in investment and financial services business, with an authorized capital of Rs. 6.00 crore and paid-up capital of Rs. 5.07 crore. The buyer is not related to Amber Enterprises' promoter, promoter group, or group companies, ensuring the transaction does not fall within related party transaction guidelines.

Strategic Implications

The completion of this divestment represents Amber Enterprises' strategic approach to optimizing its portfolio and managing underperforming investments. With the transaction's completion, Shivaliks Mercantile Limited ceases to be a joint venture of Sidwal, allowing the company to focus resources on core business operations. The nominal consideration received reflects the previously recognized impairment of the investment.