Amber Enterprises Acquires Remaining Stake in Amber Resojet, Making it Wholly Owned Subsidiary
Amber Enterprises India Limited announced on April 10, 2026, the acquisition of the remaining 50% equity stake in Amber Resojet Private Limited. This transaction changes the corporate structure, making Amber Resojet a Wholly Owned Subsidiary of Amber Enterprises India Limited.The acquisition was completed on April 10, 2026, for an aggregate purchase consideration totaling INR 1,74,44,908.42.
Following this purchase, Amber Resojet has ceased to function as a Joint Venture with Amber Enterprises India Limited. The details of the transaction confirm that Amber Enterprises India Limited finalized its ownership stake in Amber Resojet Private Limited.
AMBER Stock Price Movement
Today, shares of Amber Enterprises India Limited rallied, settling at ₹7245 after gaining 5.25%. The stock experienced significant day trading activity, moving on a volume of 456,304 shares today.Source:
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