Acquisitions5 Aug 2025, 05:54 pm
Amber Enterprises India Ltd Subsidiary Acquires 60% Stake in Power-One Micro Systems Private Limited for Rs. 262 Crore
AI Summary
Amber Enterprises India Ltd announced that its subsidiary, IL JIN Electronics (India) Private Limited, has acquired a 60% stake in Power-One Micro Systems Private Limited for a cost consideration of Rs. 262 Crore. This acquisition was made on 05.08.2025, and Power-One has now become a subsidiary of IL JIN and a step-down subsidiary of Amber Enterprises India Limited. The acquisition was disclosed to the exchanges in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and the necessary disclosures were submitted as 'Annexure — A' and 'Annexure - B' to the intimation dated 28.06.2025.
Key Highlights
- Amber Enterprises India Ltd's subsidiary, IL JIN Electronics (India) Private Limited, acquires 60% stake in Power-One Micro Systems Private Limited.
- The acquisition consideration is Rs. 262 Crore, subject to adjustments as per definitive agreements.
- Power-One Micro Systems Private Limited becomes a subsidiary of IL JIN and step-down subsidiary of Amber Enterprises India Limited.
- The acquisition was disclosed to the exchanges in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
- Necessary disclosures were submitted as 'Annexure — A' and 'Annexure - B' to the intimation dated 28.06.2025.