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, entered into a Share Swap Agreement to acquire the remaining 40% equity stake in Power-One Micro Systems Private Limited. IL JIN will acquire 1,75,680 equity shares of Power-One, and it will issue and allot 1,76,000 Compulsorily Convertible Preference Shares (CCPS A3) to the sellers as non-cash consideration. In simple terms, this means IL JIN is taking full control of Power-One by swapping shares instead of paying cash. The agreement was entered into on October 18, 2026, and no closing or validity date is stated in the text.
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.