Amber Enterprises India Limited announces that its material subsidiary, IL JIN Electronics (India) Private Limited (“IL JIN”), has completed the acquisition of a 40.20% stake in Unitronics (1989) (R”G) Ltd. The acquisition was made through ILJIN Holding Ltd, a wholly-owned subsidiary of IL JIN, for NIS 156,082,400.25. This acquisition grants IL JIN a controlling stake in Unitronics, making it a subsidiary of ILJIN Holding and a step-down subsidiary of IL JIN and Amber.
Acquisition Completed
IL JIN Electronics (India) Private Limited (“IL JIN”), a material subsidiary of Amber Enterprises India Limited, has successfully acquired a 40.20% stake in Unitronics (1989) (R”G) Ltd. (“Unitronics”). The acquisition was finalized on October 9, 2025.
Deal Details
The acquisition involved the purchase of 5,624,591 ordinary shares of Unitronics through ILJIN Holding Ltd (“ILJIN Holding”), an Israel-based subsidiary of IL JIN. The aggregate purchase price amounted to NIS 156,082,400.25, representing a per-share price of NIS 27.75.
Breakdown of Share Acquisition
The stake was acquired from the following entities:
1) FIMI Opportunity V, L.P and FIMI Israel Opportunity V, Limited Partnership (together “FIMI Fund”) sold 4,385,351 ordinary shares, constituting approximately 31.34% of Unitronics’s issued and paid-up share capital (excluding dormant shares), for approximately NIS 121,693,490.
2) Mr. Haim Shani sold 1,239,240 ordinary shares, constituting approximately 8.86% of the Unitronics’s issued and paid-up share capital (excluding dormant shares), for approximately NIS 34,388,910.
Impact of Acquisition
With this acquisition, Unitronics has become a subsidiary of ILJIN Holding and, consequently, a step-down subsidiary of both IL JIN and Amber. The acquisition constitutes a controlling stake in Unitronics.
Source: BSE
