Motilal Oswal subsidiary invests ₹110 crore in IL JIN electronics

Motilal Oswal Financial Services Limited (MOFSL) announced that its wholly-owned subsidiary has executed definitive agreements to acquire 1,69,018 Compulsorily Convertible Preference Shares of IL JIN Electronics (India) Private Limited for approximately ₹110 crore. This acquisition is part of MOFSL's treasury investment book, aimed at generating sustainable, long-term returns.

IL JIN Electronics (India) Private Limited, incorporated on September 11, 2001, specializes in Electronics Manufacturing Services (EMS), primarily manufacturing, assembling, and dealing in Printed Circuits Board Assemblies (PCBAs) and Printed Circuit Boards (PCBs). The company reported a turnover of ₹1,460.01 crore in FY 2025, ₹913.36 crore in FY 2024, and ₹880.39 crore in FY 2023.

The total cost of acquisition is ₹109,99,99,567.24, paid in cash. The acquisition is expected to be completed within 60 days. No governmental or regulatory approvals are required for this transaction.