Amber subsidiary boosts stake in Unitronics with further acquisitions
Amber Enterprises India Limited announced that its subsidiary, IL JIN Electronics (India) Private Limited, has further acquired ordinary shares of Unitronics (1989) Ltd. These acquisitions, made through ILJIN Holding Ltd, an Israel-based wholly-owned subsidiary of IL JIN, increase IL JIN's indirect stake in Unitronics.
The recent transactions include the acquisition of 65,000 ordinary shares on November 4, 2025, for a total consideration of NIS 1,598,350, priced at NIS 24.59 per share. This was followed by another acquisition of 70,000 ordinary shares on November 23, 2025, for NIS 1,721,300, also at NIS 24.59 per share.
These acquisitions collectively resulted in IL JIN, through ILJIN Holding, holding a 41.16% ownership stake in Unitronics' equity share capital. The aggregate cost of these transactions exceeded the prescribed materiality thresholds under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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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