Amber Enterprises India540902Stake acquisition deal
Amber's IL JIN to acquire remaining 1.50% of Ascent Circuits via CCPS share swap, making it 100% subsidiary
By ScoutQuest · · 1 min read
1.5%Balance equity stake acquired (fully diluted
- Stake Acquired
- Balance 1.50% equity stake (23,401 equity shares) on a fully diluted basis
- Consideration
- 13,120 CCPS A2 of face value Rs. 10 each issued at Rs. 10,000 per CCPS A2
- Post-Acquisition Holding
- IL JIN's holding from 98.50% to 100%
- Target
- Ascent Circuits Private Limited
- Transaction
- Acquisition of remaining stake (share swap) — stake increase to 100%
Amber's IL JIN to acquire remaining 1.50% of Ascent Circuits via CCPS share swap, making it 100% subsidiary.
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IL JIN Electronics to buy remaining 1.50% of Ascent Circuits in a share swap; Ascent to become 100% subsidiary
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More numbers
- Equity shares of Ascent Circuits acquired23,401
- Balance equity stake acquired (fully diluted)1.50%
- CCPS A2 to be issued and allotted13,120
- Issue price per CCPS A2Rs. 10,000
- Face value per CCPS A2Rs. 10
- Premium per CCPS A2Rs. 9,990
- IL JIN's existing shareholding in Ascent Circuits98.50%
- Ascent Circuits turnover FY 2025-202640,187 (Rs. in Lakh)
Source: BSE · 18 Oct 2026
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