In a significant move to strengthen its position in the electronics manufacturing sector, Amber Enterprises India Limited has announced an additional investment of approximately ₹296.02 crore in its material subsidiary, IL JIN Electronics (India) Private Limited.
The investment will be facilitated through Amber’s subscription to a Rights Issue approved by IL JIN’s Board of Directors. This capital infusion is designed to support the subsidiary’s strategic initiatives as it continues to expand its footprint in the high-precision Electronics Manufacturing Services (EMS) industry.
The transaction, which will be executed as a cash consideration through normal banking channels, will marginally increase Amber’s controlling interest in the subsidiary. Upon completion of the Rights Issue, Amber’s shareholding in IL JIN is expected to rise from 89.58% to 89.72%.
The acquisition process, including the allotment of equity shares, is slated for completion on or before April 30, 2026. Notably, the company has confirmed that no additional governmental or regulatory approvals are required for this transaction.
IL JIN Electronics has established itself as a leading provider of EMS, serving critical sectors including automotive, aerospace, defence, healthcare, and renewable energy. With over two decades of expertise, the company offers comprehensive solutions ranging from PCB fabrication and embedded software to complete “box-build” systems.
The subsidiary has demonstrated robust financial performance in recent years. According to the latest disclosures, IL JIN’s turnover has seen substantial growth:
- FY 2024-25: ₹1,46,001.15 Lakh (approx. ₹1,460 crore)
- FY 2023-24: ₹91,336.67 Lakh
- FY 2022-23: ₹88,039.40 Lakh
To accommodate this expansion, the Board and members of IL JIN recently approved an increase in the company’s Authorized Share Capital from ₹9.50 crore to ₹20.00 crore.
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