Acquisition / mergerFiled on BSE ·

Amber Enterprises' subsidiary IL JIN acquires remaining 40% stake in Power-One

Amber Enterprises India Ltd · Consumer Durables

What the filing says

  • On 18th October 2026, IL JIN Electronics (India) Limited entered a Share Swap Agreement to acquire 1,75,680 equity shares (40%) of Power-One Micro Systems Pvt Ltd from four sellers.
  • IL JIN will issue 1,76,000 CCPS A3 shares at ₹10,000 each (including ₹9,990 premium) as non-cash consideration; no cash payment involved.
  • Completion to occur within 10 business days; post-acquisition, Power-One becomes a wholly-owned subsidiary of IL JIN and Amber Enterprises.

Original filing

Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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.