Amber Enterprises’ Subsidiary IL JIN Completes Major Corporate Restructuring, Announces Share Capital Split and Bonus Issue
Amber Enterprises India Limited has seen its material subsidiary, IL JIN Electronics (India) Private Limited (IL JIN), undergo extensive corporate restructuring following a Board meeting held on July 11, 2026. The key decisions include the conversion of the company from private to public limited status, a share capital sub-division, and the issuance of bonus shares to its members.The Board of Directors of IL JIN approved several material changes aimed at scaling the business and enhancing its market presence. These alterations included shifting the registered office of IL JIN from Maharashtra (Pune) to Uttar Pradesh (Greater Noida). The subsidiary also adopted amended Articles of Association suitable for a Public Limited Company. Furthermore, the company committed to evaluating various fund-raising options—including debt, rights issue, preferential allotment, and public issue—to support its future growth initiatives.
Capital Structure Amendments
A significant component of the restructuring involved altering IL JIN's share capital structure. The Board approved the sub-division of the equity shares from a face value of Rs 10 to Rs 5 per share. Simultaneously, the authorized share capital was increased substantially.Prior to the changes, IL JIN had an authorized capital base of Rs 20,00,00,000, comprising 3,20,00,000 Equity Shares and 40,00,000 Preference Shares (which is now maintained in its pre-split state). Following the restructuring, the authorized capital was increased to Rs 250,00,00,000, comprising 49,20,00,000 Equity Shares and 40,00,00,000 Preference Shares.
The following table details the changes in the share capital of IL JIN:
| Capital Type | Pre-Restructuring | Post-Restructuring | Details |
|---|---|---|---|
| Authorized Equity | 1,60,00,000 shares (Face Value Rs 10) | 3,20,00,000 shares (Face Value Rs 5) | The sub-division was conducted to reduce the face value and proportionately increase the number of shares. |
| Authorized Preference | 40,00,000 shares (Face Value Rs 10) | 40,00,00,000 shares (Face Value Rs 10) | The authorized preference shares remained unchanged in count and face value post-split. |
| Total Authorized Capital | Rs 20,00,00,000.00 | Rs 250,00,00,000.00 | Substantial increase in the company's authorized capital base. |
Bonus Issue Details
In addition to the share split and conversion to a public limited entity, the Board approved the issuance of bonus shares to all members of IL JIN at a ratio of 25:1. The issuance pertains only to Equity Shares.Key figures related to the proposed bonus issue are as follows:
| Financial Metric | Pre-Bonus Status (Post Split) | Post-Bonus Status |
|---|---|---|
| Equity Share Capital | Rs 6,79,78,350.00 (1,35,95,670 shares @ Rs 5) | Rs 1,76,74,37,100.00 |
| Preference Share Capital | Rs 2,65,05,130.00 | Rs 2,65,05,130.00 |
| Total Equity and Preference Capital | Rs 9,44,83,480.00 | Rs 1,79,39,42,230.00 |
The bonus shares are proposed to be issued at a ratio of 25:1 and will be sourced from the Share premium account. The required reserves for this issuance have been noted as Rs 1,69,94,58,750.00, against which the available free reserves stood at Rs 24,22,26,30,960.30 as of July 10, 2026.
The completion of all share capital transactions is estimated to occur within one month from the date of shareholder approval and subject to necessary regulatory requirements.
AMBER Stock Price Movement
Amber Enterprises India Limited saw its stock surge on Friday, settling at ₹7779 after gaining 2.24%.The company’s shares traded a volume of 311,170 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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