Acquisitions3 Feb 2024, 06:55 pm
Amber Enterprises India Limited: ILJIN Electronics Acquires 60% Stake in Ascent Circuits
AI Summary
ILJIN Electronics (India) Private Limited has acquired 60% stake in Ascent Circuits Private Limited for Rs. 31100.13 Lakh, making Ascent a subsidiary of ILJIN and a step-down subsidiary of Amber Enterprises India Limited.,
Key Highlights
- ILJIN Electronics acquires 60% stake in Ascent Circuits
- Ascent becomes subsidiary of ILJIN and step-down subsidiary of Amber Enterprises India Limited
- Acquisition cost consideration of Rs. 31100.13 Lakh