Amber Enterprises India Limited, a key player in the electronics manufacturing sector, has announced a significant development for its material subsidiary, ILJIN Electronics (India) Private Limited. ILJIN has successfully executed agreements to raise Rs 550.00 crore through the issuance of Compulsorily Convertible Preference Shares (CCPS) to a group of prominent investors.

Investment Details

ILJIN Electronics will issue 8,45,092 Compulsorily Convertible Preference Shares (CCPS) to raise the funds. This strategic move is aimed at fueling both organic and inorganic growth within the company's electronics segment. The investment comes at a time when the electronics manufacturing sector in India is experiencing rapid expansion.

Investor Lineup

The diverse group of investors participating in this funding round includes:

1. Singularity Equity Fund
2. Axis New Opportunities AIF
3. Nuvama Crossover Opportunities Fund
4. Motilal Oswal Finvest Limited
5. Avendus Future Leaders Fund III
6. Incred Wealth And Investment Services
7. Frangipani Capital Advisors

Impact on Ownership Structure

Prior to this transaction, Amber Enterprises held a 90.22% stake in ILJIN's total paid-up equity share capital. Following the CCPS issuance, Amber's shareholding percentage in ILJIN is expected to decrease. The exact change in ownership structure will be determined upon the conversion of the CCPS, which will occur at a mutually agreed price between the parties at the time of conversion.

Investor Rights

As part of the agreement, the investors will receive standard pre-emptive rights and other customary rights typical for this type of transaction. These rights are designed to protect the interests of the new stakeholders while aligning with the company's growth objectives.

Strategic Implications

Konica Yaadav, Company Secretary and Compliance Officer of Amber Enterprises India Limited, stated in the regulatory filing, "The purpose of executing the aforementioned Definitive Transaction Agreements is to facilitate the raising of funds of Rs. 550 Crores by ILJIN for organic and inorganic growth of the electronics segment of the Company."

This substantial investment is expected to strengthen ILJIN Electronics' position in the market and provide the necessary capital for expansion and technological advancements in the rapidly evolving electronics industry.

Regulatory Compliance

The transaction has been executed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Amber Enterprises has assured that further disclosures regarding the impact of the transaction, including changes in shareholding and subsidiary structure, will be provided separately in due course, post-conversion of the CCPS.

As the electronics manufacturing sector continues to grow in importance, particularly with the government's push for domestic production, this investment in ILJIN Electronics signals confidence in the company's potential and the broader industry outlook. Stakeholders will be keenly watching how this capital infusion translates into growth and market positioning for both ILJIN Electronics and its parent company, Amber Enterprises India Limited.

Amber Enterprises India Limited , a prominent player in the consumer durables manufacturing sector, has successfully concluded its qualified institutions placement (QIP), raising approximately Rs. 1,000.00 crore. The company allocated 12,57,861 equity shares to eligible qualified institutional buyers at a price of Rs. 7,950.00 per share.

QIP Details

The Fund Raising Committee of Amber Enterprises' Board of Directors approved the closure of the issue on September 22, 2025, following the receipt of application forms and funds in the company's escrow account. The equity shares, each with a face value of Rs. 10.00, were issued at a premium of Rs. 7,940.00 per share.

Allocation and Documentation

The company has taken several key steps to finalize the QIP:

1. Approved the allocation of 12,57,861 equity shares to eligible qualified institutional buyers
2. Adopted the placement document dated September 22, 2025
3. Approved the confirmation of allocation notes to be sent to the institutional buyers

Regulatory Compliance

Amber Enterprises has stated that it will file the placement document with the stock exchanges on the same day as the issue closure. This move aligns with the company's commitment to regulatory compliance and transparency.

Market Impact

The successful completion of this QIP demonstrates strong investor confidence in Amber Enterprises' business model and growth prospects. The infusion of approximately Rs. 1,000.00 crore is expected to strengthen the company's financial position and potentially support its expansion plans in the consumer durables sector.

Closing Details

The meeting of the Fund Raising Committee, which approved these decisions, commenced at 8:15 P.M. IST and concluded at 8:40 P.M. IST on September 22, 2025. The company has assured that all information regarding the QIP is available on its official website.