Amber Enterprises India Limited files a merger or restructuring document
In short
IL JIN Electronics (India) Limited, a material subsidiary of Amber Enterprises India Limited, completed the acquisition of the remaining 40% equity stake in Power-One Micro Systems Private Limited from Mr. Ramanna Rajesh Mayasandra, Mr. Harsha Venkatesh, Dwaith Advisory Private Limited and Mrs. Doddabidere Honappa Venna on 18 October 2026. The deal involved a balance 40% equity stake, making Power-One a wholly owned subsidiary of IL JIN and a wholly owned step-down subsidiary of Amber Enterprises India Limited. In simple terms, Amber’s subsidiary now fully owns Power-One instead of sharing it with other shareholders, giving the group full control over that company. The share swap agreement was executed on 18 October 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.