Acquisitions6 Oct 2025, 12:49 pm
Amber Enterprises Acquires 100% Stake in ILJIN Holding for NIS 15,79,23,158.74 to Fund Unitronics Acquisition
AI Summary
Amber Enterprises India Ltd has acquired 100% equity stake in ILJIN Holding Ltd for a total purchase price of NIS 15,79,23,158.74. This acquisition was made through IL JIN Electronics (India) Private Limited, a material subsidiary of Amber Enterprises. ILJIN Holding was incorporated on 7th September 2025 and is a Special Purpose Vehicle (SPV) established to support ILJIN’s international investment and acquisition strategy. The acquisition is a related party transaction as the promoter/promoter group/group companies have interest in the entity. The purpose of this acquisition is to support the next tranche of funding for Amber Enterprises' strategic acquisition of Unitronics.
Key Highlights
- Amber Enterprises acquires 100% stake in ILJIN Holding for NIS 15,79,23,158.74
- ILJIN Holding is a Special Purpose Vehicle (SPV) established for international investments and acquisitions
- Acquisition is a related party transaction
- Purpose of acquisition is to support next tranche of funding for Unitronics acquisition
- ILJIN Holding has no operational history or turnover