Amber Enterprises India Limited has filed formal regulatory disclosures with BSE and NSE regarding its material subsidiary IL JIN Electronics (India) Private Limited's strategic acquisition of MoMagic Wireless Private Limited. The company submitted the intimation under Regulation 30 of SEBI (LODR) Regulations on 14 February 2026, providing comprehensive details of the transaction agreements.

Transaction Structure and Documentation

IL JIN has entered into Shareholders' Agreement and Share Subscription Agreement with MoMagic Wireless Private Limited, MoMagic Technologies Private Limited, Mr. Arun Kumar Gupta, and Ms. Ritu Gupta. The definitive transaction agreements were executed on 14 February 2026, enabling IL JIN to subscribe to 51,52,938 equity shares representing 19.92% of MoMagic's equity share capital.

Target Company Profile

MoMagic Wireless Private Limited, incorporated on 7 March 2025 under the Companies Act 2013, operates from its registered office at I-9 LGF, Lajpat Nagar-3, South Delhi. The Delhi-based company specializes in designing, developing and supplying wireless communication modules including Cellular, BLE, and Wi-Fi technologies, while undertaking research and development activities in wireless communication modules.

Strategic Rationale and Governance Structure

The acquisition aligns with IL JIN's strategic objective of entering the rapidly growing Internet of Things (IoT) domain and enhancing module design capabilities. Through this investment, IL JIN will gain access to specialized knowledge, innovative technologies, and solution portfolios to strengthen its IoT ecosystem presence.

The governance framework establishes MoMagic's board with up to five members, where IL JIN holds the right to nominate one non-executive director and one observer. MoMagic Technologies Private Limited will jointly appoint four founder directors, with Mr. Arun Kumar Gupta's mandatory nomination as one of the founder directors.

Implementation Timeline and Regulatory Compliance

The acquisition will proceed through two closing phases. The first closing, scheduled within 30 days from execution, involves subscribing to 41,22,351 equity shares representing 16.60% stake. The second closing, planned by 30th June 2026, covers the remaining 10,30,587 equity shares representing 3.32% stake.

The transaction requires no governmental or regulatory approvals and does not constitute a related party transaction. Company Secretary Konica Yaadav digitally signed the regulatory filing, confirming compliance with SEBI disclosure requirements and making the information available on the company's website at www.ambergroupindia.com .

Amber Enterprises India Limited has announced its unaudited financial results for Q3FY26 and nine months ended December 31, 2025, demonstrating robust performance across all business divisions. The company reported consolidated revenue of ₹2,943.00 crore for Q3FY26, marking a significant 38% year-on-year growth.

Q3FY26 Financial Performance

The company's quarterly performance showcased strong operational efficiency with operating EBITDA reaching ₹247.00 crore, representing a substantial 53% growth compared to the same quarter in the previous year. Profit After Tax (PAT) stood at ₹84.00 crore before exceptional one-off impairment of investment in Shivalik of ₹94.00 crore, demonstrating a remarkable 128% growth year-on-year.

Nine Months FY26 Consolidated Results

For the nine-month period, Amber Enterprises maintained strong momentum with revenue of ₹8,039.00 crore, reflecting 29% growth over the corresponding period of the previous year. Operating EBITDA for nine months reached ₹608.00 crore with 26% growth, while PAT stood at ₹158.00 crore (before exceptional items), showing 19% growth.

Divisional Performance Analysis

Consumer Durables Division

Despite challenging market conditions in the Room Air Conditioner (RAC) industry, the Consumer Durable division achieved 27% revenue growth in Q3FY26 on a year-on-year basis. The RAC industry has successfully transitioned to revised, higher-efficiency BEE star-rating norms effective January 1, 2026, marking a significant shift toward enhanced energy performance and sustainable cooling solutions.

Electronics Division

The Electronics Division continued its impressive growth trajectory, recording 79% revenue growth in Q3FY26 compared to the same quarter last year. Recent acquisitions including Power-One, Unitronics, and Shogini are accelerating the division's journey toward diversified margin-accretive and value-oriented solutions.

Railway Sub-systems & Defense Division

The Railway Sub-systems & Defense division maintained steady growth with 20% revenue increase in Q3FY26 on a year-on-year basis, supported by healthy order book visibility and an expanding product portfolio.

Strategic Developments and Government Approvals

Amber Enterprises received significant government support with approvals under the Electronics Component Manufacturing Scheme (ECMS) from the Ministry of Electronics and Information Technology. The approvals cover Ascent-K Circuit's HDI PCB application and Shogini Technoarts' multi-layer PCB application, adding to earlier clearance for Ascent's multi-layer PCB application.

Earnings Call and Investor Communication

The company conducted an earnings call with investors and analysts on February 10, 2026 at 10:00 AM IST to discuss the Q3 and 9M FY26 unaudited financial results. As per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings call has been uploaded on the company's website and is accessible to stakeholders.

QIP Proceeds Utilization Update

During Q3FY26, the company utilized ₹14.00 crore from the total QIP proceeds of ₹1,000.00 crore raised in September 2025. The monitoring agency report by CARE Ratings Limited confirms proper utilization with ₹2.15 crore for general corporate purposes and ₹11.85 crore for issue-related expenses, maintaining compliance with regulatory requirements.

Managing Director Daljit Singh expressed confidence in the company's strategic positioning, stating that focused initiatives across all divisions position Amber Enterprises well to enter the next phase of growth, with optimism about outpacing the RAC industry on a full-year outlook.