StockWatch
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Household Appliances
Corporate Action11 Jul 2026, 06:10 pm

Amber Enterprises Subsidiary IL JIN Approves Share Split, Bonus, and Conversion

AI Summary

Amber Enterprises India Limited's material subsidiary, IL JIN Electronics (India) Private Limited, has approved significant corporate actions. These include a sub-division of equity shares from ₹10 to ₹5 face value, an increase in authorized share capital, and the issuance of bonus shares in a 25:1 ratio. Furthermore, IL JIN will convert from a Private Limited to a Public Limited company, change its registered office from Maharashtra to Uttar Pradesh, and explore various fund-raising options to support future growth. These changes are subject to necessary approvals.

Key Highlights

  • IL JIN approves 1:1 share split, reducing face value from ₹10 to ₹5.
  • Bonus shares to be issued in a 25:1 ratio.
  • Subsidiary to convert from Private Limited to Public Limited.
  • Registered office to shift from Maharashtra to Uttar Pradesh.
  • Exploration of various fund-raising options for future growth.