Amber Enterprises India Limited files a merger or restructuring document
In short
On October 18, 2026, IL JIN Electronics (India) Limited, a material subsidiary of Amber Enterprises India Limited, completed the acquisition of the balance 1.50% equity stake in Ascent Circuits Private Limited from Ms. Manju Thomas. The deal involved 1.50% of Ascent Circuits’ equity stake and 13,120 Compulsorily Convertible Preference Shares A2. In simple terms, IL JIN now fully owns Ascent Circuits, which makes Ascent Circuits a wholly-owned subsidiary of IL JIN and a wholly-owned step-down subsidiary of Amber Enterprises India Limited. No closing date or validity period is stated beyond the Share Swap Agreement executed on October 18, 2026.
Why it matters
A merger, acquisition or corporate restructuring is in motion — the scheme details in the filing matter more than the headline. This brief was written from the filing itself: at the time of writing, no publisher in our feed had covered it.