Acquisition / mergerNotableFiled on BSE ·

Amber Enterprises' subsidiary IL JIN acquires 4.85% more stake in Unitronics

Amber Enterprises India · Consumer Durables

Arthneeti Research DeskPublished 1 min read
4.85%Acquisition / merger

Key highlights

  • IL JIN Electronics (India) Private Limited, a material subsidiary of Amber Enterprises, indirectly acquired an additional 4.85% stake in Unitronics (1989) (R"G) Ltd.
  • Acquisition was made through ILJIN Holding Ltd, a wholly owned Israeli subsidiary of IL JIN, in one or more tranches.
  • IL JIN now holds a total 49.66% ownership stake in Unitronics' equity share capital.

Why it's rated notable: The filing states an indirect acquisition of an additional 4.85% stake in Unitronics with no consideration amount, so the level stays at medium.

Original filing

Announcement under Regulation 30 (LODR)-Updates on 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.