Amber Enterprises India has acquired 100% ownership of ILJIN Holding Ltd through its subsidiary, IL JIN Electronics (India) Private Limited. The acquisition, completed on October 6, 2025, aims to bolster Amber’s international investment strategy and support the strategic acquisition of Unitronics. ILJIN Holding, a newly incorporated entity in Israel, will serve as a dedicated investment platform.
Strategic Acquisition of ILJIN Holding
Amber Enterprises India has completed the acquisition of 100% of ILJIN Holding Ltd, a wholly owned subsidiary of IL JIN Electronics (India) Private Limited. The acquisition was finalized on October 6, 2025. This move is designed to strengthen Amber’s strategic international investments and acquisition capabilities.
Details of the Transaction
IL JIN Electronics (India) Private Limited has infused NIS 15,79,23,058.74 into ILJIN Holding. This infusion includes:
- Investment of NIS 11,04,39,476 to subscribe to 11,04,39,476 ordinary shares in ILJIN Holding.
- An unsecured loan of NIS 47,483,582.74.
Purpose of the Acquisition
The acquisition of ILJIN Holding is aimed at supporting the strategic acquisition of Unitronics and covering operational expenses. ILJIN Holding, established on September 7, 2025, will serve as a dedicated investment platform for IL JIN Electronics (India) Private Limited.
Acquisition of Unitronics Stake
As previously announced on July 28, 2025, IL JIN Electronics (India) Private Limited entered into agreements to acquire approximately 40.24% of Unitronics (1989) (RG) Ltd. for NIS 156,082,400.3.
Impact on Amber Enterprises
This acquisition aligns with the Company’s Electronic Division strategy to expand into industrial applications and enhance manufacturing capabilities. The move is expected to enhance competitiveness in the Indian market, supporting solutions for Industry 4.0 and real-time data-driven technologies, with access to global markets.
Source: BSE