Amber Enterprises India Limited announced that its material subsidiary, IL JIN Electronics (India) Private Limited (“ILJIN”), has acquired 100% equity stake in ILJIN Holding Ltd, an Israel-based entity. The acquisition, completed on September 21, 2025, makes ILJIN Holding Ltd a Wholly Owned Subsidiary of ILJIN. This move aims to bolster ILJIN’s strategic international investments and acquisitions by establishing a dedicated investment platform.
Strategic Acquisition Details
IL JIN Electronics (India) Private Limited (“ILJIN”), a material subsidiary of Amber Enterprises India Limited (“Amber”), has successfully acquired 100% ownership of ILJIN Holding Ltd. This acquisition was finalized on September 21, 2025. ILJIN Holding Ltd is a company incorporated in Israel on September 7, 2025.
Terms of the Acquisition
As part of the transaction, ILJIN acquired 100 ordinary shares of ILJIN Holding from Mr. Gary Sussman, the previous shareholder, representing all of the shareholding. Consequently, ILJIN Holding Ltd is now a Wholly Owned Subsidiary of ILJIN and a Step-down Wholly Owned Subsidiary of Amber Enterprises India Limited.
Purpose of ILJIN Holding Ltd
ILJIN Holding Ltd was established as a Special Purpose Vehicle (SPV) to function as a dedicated investment platform for ILJIN. Its primary purpose is to support and facilitate ILJIN’s strategic international investments and acquisitions. This acquisition aligns with ILJIN’s strategy for international growth and investment opportunities.
Rationale for the Acquisition
The acquisition of ILJIN Holding Ltd is aimed at streamlining and enhancing ILJIN’s ability to pursue strategic international investments. By establishing a dedicated investment platform, ILJIN can more effectively manage and execute its global investment strategies. This move is expected to strengthen ILJIN’s position in the international market and support its long-term growth objectives.
Source: BSE
