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Amber Enterprises subsidiary ILJIN electronics secures substantial investment

September 7, 2025 at 04:19 AM UTCBy FilingReader AI

Amber Enterprises India Limited announced that its subsidiary, ILJIN Electronics (India) Private Limited (ILJIN), has executed definitive transaction agreements with multiple investors, including Raptor Investments Limited, Two Infinity Partners, and Chryscapital Fund X. These agreements, signed on September 6, 2025, aim to raise INR 1100 Crore for ILJIN's organic and inorganic growth within the electronics segment.

Under the terms, investors will subscribe to 38,414 equity shares worth INR 25 Crores and 16,51,768 compulsorily convertible preference shares (CCPS) worth INR 1075 Crores. This will lead to a reduction in Amber Enterprises India's shareholding percentage in ILJIN from its current 90.22% stake. The definitive transaction agreements also grant investors the right to nominate one non-executive director to ILJIN's board and include standard pre-emptive and other customary rights.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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