Acquisitions14 Nov 2025, 09:43 pm
Amber Enterprises India Ltd Subsidiary IL JIN Electronics to Acquire Majority Stake in Shogini Technoarts
AI Summary
IL JIN Electronics (India) Private Limited, a material subsidiary of Amber Enterprises India Ltd, has entered into a Share Purchase Agreement and Shareholders’ Agreement with Shogini Technoarts Private Limited and other parties to acquire a majority stake in Shogini. Shogini is a Pune-based company established in 1982, engaged in the manufacturing of various types of printed circuit boards (PCBs). The acquisition will enable Amber Enterprises to strengthen its capabilities in PCB manufacturing, expand its product portfolio, and tap into new customer segments and markets.
Key Highlights
- IL JIN to acquire majority stake in Shogini Technoarts
- Shogini is a Pune-based company established in 1982, manufacturing various types of PCBs
- Acquisition aims to strengthen Amber Enterprises' capabilities in PCB manufacturing
- Will expand Amber Enterprises' product portfolio and tap into new customer segments and markets