Amber Enterprises India has announced the completion of the acquisition of an 80% stake in Shogini Technoarts Pvt Ltd through its material subsidiary, IL JIN Electronics (India) Private Limited (“IL JIN”). The acquisition was finalized on December 1, 2025, for a total purchase consideration of approximately Rs. 506 Crore. Shogini Technoarts now becomes a subsidiary of IL JIN and a step-down subsidiary of Amber Enterprises India.
Acquisition Completion
Amber Enterprises India has successfully completed the acquisition of an 80% stake in Shogini Technoarts Pvt Ltd. This acquisition was executed through IL JIN Electronics (India) Private Limited (“IL JIN”), a material subsidiary of Amber Enterprises.
Details of the Transaction
The acquisition was finalized on December 1, 2025. The total purchase consideration for the 80% stake in Shogini Technoarts is approximately Rs. 506 Crore.
Shogini’s Position
Following the completion of this acquisition, Shogini Technoarts has now become a subsidiary of IL JIN. Consequently, Shogini is also a step-down subsidiary of Amber Enterprises India.
Source: BSE
