Amber Enterprises to Invest Approximately Rs. 296.02 Crore in Subsidiary IL JIN Electronics
Amber Enterprises India Limited announced on March 19, 2026, that it has approved an investment of approximately Rs. 296.02 crore in IL JIN Electronics (India) Private Limited, a material subsidiary. This investment will be made through a subscription to IL JIN’s rights issue.IL JIN Electronics is a leading provider of high-precision Electronics Manufacturing Services (EMS) serving sectors including automotive, smart electronics, consumer durables, telecom, healthcare, industrial, renewable energy, aerospace, and defence. The company’s registered office is located in Pune, Maharashtra.
Financial Details of IL JIN Electronics:
| Item | Details |
|---|---|
| Authorized Share Capital | Rs. 20,00,00,000 |
| Equity Share Capital | Rs. 16,00,00,000 |
| Preference Share Capital | Rs. 4,00,00,000 |
| Paid-up Share Capital - Equity Share | Rs. 8,06,67,780 |
| Paid-up Share Capital - Preference Share | Rs. 5,41,62,650 |
| Turnover (Rs. in Lakh) | 2024 - 2025: 1,46,001.15; 2023 - 2024: 91,336.67; 2022 - 2023: 88,039.40 |
Mr. Jasbir Singh and Mr. Daljit Singh, promoters of Amber Enterprises, also serve as directors on IL JIN's board. The acquisition qualifies as a related-party transaction. The Rights Issue process is expected to close on or before April 30, 2026. The consideration for the acquisition is being made through cash remittance. Following the acquisition, Amber Enterprises will hold 89.72% of IL JIN.
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