Amber Enterprises India Limited has entered into definitive transaction agreements with ILJIN Electronics (India) Private Limited and other investors. The agreements involve the subscription of 845,092 Compulsorily Convertible Preference Shares (CCPS) by investors in ILJIN. This transaction will result in a reduction of Amber Enterprises’ shareholding percentage in ILJIN. ILJIN aims to raise Rs. 550 Crores through this transaction.
Key Transaction Details
Amber Enterprises India Limited has executed Shareholders’ Agreements (SHAs) and Securities Subscription Agreements (SSAs) with ILJIN Electronics (India) Private Limited (ILJIN) and other investors. According to the announcement on September 25, 2025, this involves the subscription of 845,092 Compulsorily Convertible Preference Shares (CCPS) by the investors.
Impact on Shareholding
Following the issuance of CCPS by ILJIN to the investors, the shareholding percentage of Amber Enterprises in ILJIN will be reduced. The impact of the transaction on the shareholding and subsidiary structure will be disclosed separately after the conversion of CCPS at a mutually agreed price.
Purpose of the Investment
The purpose of these agreements is to raise funds of Rs. 550 Crores (Rupees Five Hundred and Fifty Crores Only) by ILJIN for organic and inorganic growth of the electronics segment of the Company.
Parties Involved
The agreements involve multiple parties including Singularity Equity Fund – I, Singularity Growth Opportunities Fund – II, Axis New Opportunities AIF – Series II, Nuvama Crossover Opportunities Fund, Motilal Oswal Finvest Limited, Avendus Future Leaders Fund III, Frangipani Capital Advisors LLP, and II Jin Electronics (India) Private Limited.
Source: BSE
