Acquisition / mergerFiled on BSE ·

Amber Enterprises subsidiary IL JIN acquires 40% stake in Power-One via share swap

Amber Enterprises India Ltd · Consumer Durables

What the filing says

  • IL JIN Electronics (India) Limited to acquire 1,75,680 shares (40%) of Power-One from four sellers on 18 Oct 2026
  • Consideration by issuance of 1,76,000 CCPS A3 shares at ₹10,000 each (₹176 crore total), no cash involved
  • Power-One will become wholly-owned subsidiary of IL JIN; acquisition completion within 10 business days from agreement execution

Original filing

Announcement under Regulation 30 (LODR)-Acquisition

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.