Amber Enterprises India Limited (Amber) has announced the acquisition of 100% equity stake in ILJIN Holding Ltd, a newly incorporated company on 7th September 2025, by its material subsidiary ILJIN Electronics (India) Private Limited (ILJIN). The transaction was completed on 6th October 2025, making ILJIN Holding a wholly owned subsidiary of ILJIN and a step-down wholly owned subsidiary of Amber.

Objective of the Acquisition

ILJIN Holding Ltd was established as a Special Purpose Vehicle (SPV) to facilitate ILJIN’s international investment strategy. The acquisition supports the next tranche of funding required for Amber’s strategic acquisition of Unitronics (1989) (R”G) Ltd., a move aligned with the company’s Electronics Division strategy. This expansion focuses on industrial applications, leveraging backward integration and localization of manufacturing to enhance competitiveness in the Indian market and access global markets including the US and Europe.

Transaction Details

To complete the acquisition and support ILJIN Holding’s operations, ILJIN infused a total of NIS 15,79,23,158.74, broken down as follows:

• NIS 11,04,39,476 to subscribe to 11,04,39,476 ordinary shares of NIS 1 each.

• NIS 47,483,582.74 as an unsecured loan.

The acquisition was executed entirely in cash and on an arm’s length basis, with key personnel from Amber, including Mr. Jasbir Singh (Executive Chairman & CEO) and Mr. Sudhir Goyal (CFO), serving as directors in ILJIN Holding.

Regulatory and Compliance

The acquisition falls under the related party transaction category, as directors of Amber hold positions in the subsidiary. The disclosure has been made to BSE (Scrip Code: 540902) and NSE (Symbol: AMBER) under Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring transparency in compliance with SEBI norms. The announcement is also uploaded on Amber’s official website www.ambergroupindia.com.

Background of ILJIN Holding

ILJIN Holding Ltd is a newly formed SPV incorporated under Israeli law. It has no operational history or turnover to date and exists exclusively to support ILJIN’s international investment and acquisition strategy. The SPV serves as a dedicated investment platform for future acquisitions, providing Amber with strategic flexibility for global expansion.

Strategic Impact

The acquisition of ILJIN Holding strengthens Amber’s position in the industrial electronics sector, particularly in implementing Industry 4.0 solutions and real-time data-driven technologies. It provides a platform for further international acquisitions, enabling Amber to compete effectively in both domestic and international markets.

By establishing ILJIN Holding as a wholly owned subsidiary, Amber ensures a clear ownership structure, enabling efficient fund deployment, operational control, and seamless integration with its ongoing Unitronics acquisition.

This strategic move underscores Amber Enterprises’ commitment to expanding its global footprint, adopting innovative industrial solutions, and enhancing shareholder value through well-planned corporate acquisitions.

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