Amber Enterprises Subsidiary Acquires Remaining Stake in Ascent Circuits
Amber Enterprises India Ltd announced that its material subsidiary, IL JIN Electronics (India) Limited, has acquired the remaining 1.50% equity stake in Ascent Circuits Private Limited through a share swap agreement. IL JIN will issue 13,120 Compulsorily Convertible Preference Shares (CCPS A2) to the seller as consideration. Upon completion, Ascent Circuits will become a wholly-owned subsidiary of IL JIN and consequently, Amber Enterprises.
This transaction is considered a related party transaction but is being conducted on an arm's length basis.
Read the full report on Stockwatch
Story file
- Section
- Business
- Topics
- Stock market
- First reported by
- Stockwatch
- Reporter
- stockwatch
- Published
- Sunday, 18 October 2026, 5:30 am IST
- Coverage
- One outlet so far
How this page works. The Headline Update lists this report from Stockwatch with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.
