StockWatch
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Household Appliances
Bonus17 Aug 2026, 06:50 pm

Amber Enterprises Subsidiary IL JIN Completes Bonus Share Allotment

AI Summary

Amber Enterprises India Ltd announced that its material subsidiary, IL JIN Electronics (India) Private Limited, has completed a bonus share issue. Following a share split from ₹10 to ₹5 face value, IL JIN allotted bonus shares on August 17, 2026. Amber Enterprises was allotted 30,49,12,000 equity shares, increasing its total shareholding in IL JIN to 31,71,08,480 shares. Despite the increased number of shares, Amber's percentage shareholding in IL JIN remains unchanged at 89.71% as the bonus shares were allotted proportionately to all existing shareholders. IL JIN is a leading provider of Electronics Manufacturing Services with a turnover of ₹2,25,463.97 Lakhs in FY26. The transaction is excluded from related party transactions as per SEBI regulations.

Key Highlights

  • IL JIN Electronics, a material subsidiary, completed a bonus share issue.
  • Amber Enterprises received 30,49,12,000 bonus equity shares.
  • Percentage shareholding in IL JIN remains stable at 89.71%.
  • IL JIN reported FY26 turnover of ₹2,25,463.97 Lakhs.
  • Transaction is not considered a related party transaction.