Amber Enterprises’ Subsidiary IL JIN Electronics to Raise ₹328 Crore via Rights Issue

Amber Enterprises India Limited has announced that its material subsidiary, IL JIN Electronics (India) Private Limited, has approved a rights issue to raise fresh capital. The board of IL JIN has approved the issuance of equity shares to raise ₹328 crore. 

The move is aimed at strengthening the subsidiary’s financial position and supporting its long-term strategic initiatives.

Rights Issue and Investment Plan

As part of the rights issue, Amber Enterprises has approved an additional investment of approximately ₹296.02 crore in IL JIN Electronics. The investment will be made through subscription to the rights issue offered by the subsidiary.

The capital raised through this exercise is expected to support IL JIN’s expansion plans and other strategic business initiatives. The move also reflects Amber Enterprises’ commitment to strengthening the operations and growth prospects of its key subsidiary.

Strong Operating Performance

Amber Enterprises reported strong operational performance in the December quarter despite certain exceptional charges affecting overall profitability. The company recorded a significant improvement in revenue and operating margins during the period.

Consolidated revenue for the third quarter of FY26 rose by 38% year-on-year to ₹2,943 crore, compared to ₹2,133 crore in the same quarter of the previous year. The strong revenue growth reflects robust demand and improved business performance across segments.

Improvement in EBITDA and Margins

Operating performance showed notable improvement, with EBITDA increasing 55% year-on-year to ₹246 crore from ₹159 crore in the previous year’s quarter. The figure also surpassed market expectations, which were estimated at ₹156 crore.

EBITDA margin expanded by 90 basis points to 8.35%, compared with 7.45% recorded during the same period last year, highlighting improved operational efficiency.

Amber Enterprises Share Price Today

On March 20, 2026, Amber Enterprises share price opened at ₹6,750.00, touching the day’s high at ₹6,844.00, as of 10:15 AM on the NSE.

Also Read: Amber Enterprises Share Price in Focus After HDFC Mutual Fund Buys 0.68% Stake!

Conclusion

The rights issue by IL JIN Electronics and Amber Enterprises’ additional investment underline the company’s focus on strengthening its subsidiary’s growth strategy. With strong revenue growth and improved operating performance, the capital infusion is expected to support future expansion and reinforce Amber Enterprises’ position in the electronics manufacturing sector.

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