Mumbai, September 22 (Udaipur Kiran News): Shares of Amber Enterprises India Ltd moved higher on the BSE after its subsidiary acquired full ownership of an Israel-based company. The stock was trading at ₹8,330.00, up ₹43.20 or 0.52% from the previous close of ₹8,286.80.
The scrip opened at ₹8,295.05 and touched an intraday high of ₹8,348.05 and a low of ₹8,173.55. A total of 7,794 shares were traded during the session. On a weekly basis, the stock has traded between ₹8,389.45 and ₹7,900.00. The company’s market capitalisation currently stands at ₹28,160.10 crore.
Amber Enterprises’ material subsidiary, IL JIN Electronics (India) (ILJIN), has acquired 100% equity stake in ILJIN Holding, a company incorporated in Israel on September 7, 2025. With this acquisition, ILJIN Holding has become a wholly owned subsidiary of ILJIN and a step-down wholly owned subsidiary of Amber Enterprises.
ILJIN Holding was set up as a special purpose vehicle (SPV) to act as a dedicated investment platform for ILJIN, supporting its strategic global investments and acquisitions.
Amber Enterprises India is engaged in the design and manufacturing of room air conditioners (RACs), including window ACs and split AC units, with a product range spanning 0.75 ton to 2 ton capacities across multiple energy ratings and refrigerant types.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.