
Amber Enterprises India Limited has notified stock exchanges that IL JIN Electronics (India) Private Limited, its material subsidiary, has completed the acquisition of an 80% stake in Shogini Technoarts Pvt Ltd. The transaction was closed on December 1, 2025.
IL JIN acquired the 80% equity stake in Shogini Technoarts for a consideration of approximately ₹506 crore. With this acquisition, Shogini has become a subsidiary of IL JIN and a step-down subsidiary of Amber Enterprises India Limited.
The development follows the company’s earlier disclosure dated November 14, 2025, under SEBI’s Listing Regulations.
Amber Enterprises India Limited is a listed manufacturing company operating through multiple subsidiaries, including IL JIN Electronics. Shogini Technoarts Pvt Ltd, now a step-down subsidiary, has been acquired to strengthen Amber’s group structure and expand its subsidiary portfolio.
Read More: Amber Enterprises Share Price Drops 11%; Revenue Up 25% H1FY26 Results!
As of December 02, 2025, at 12:40 PM, Amber Enterprises share price is trading at ₹7,033 per share, reflecting a decline of 0.56% from the previous closing price.
The acquisition marks a strategic expansion for Amber Enterprises through IL JIN, reinforcing its subsidiary network and strengthening its corporate structure. The completed transaction positions the group for increased scale and long-term operational synergy.
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Published on: Dec 2, 2025, 1:24 PM IST

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