Amber Enterprises India Limited (NSEI:AMBER) acquired an additional 4.60% stake in IL Jin Electronics (India) Private Limited from Hyun Chul Sim for approximately INR 330 million on June 12, 2024. As part of consideration, INR 332.29 million is paid towards common equity of IL Jin Electronics (India) Private Limited.

For the period ending March 31, 2024, IL Jin Electronics (India) Private Limited reported total revenue of INR 9.13 billion.

Amber Enterprises India Limited (NSEI:AMBER) completed the acquisition of an additional 4.60% stake in IL Jin Electronics (India) Private Limitedcfrom Hyun Chul Sim on June 12, 2024.