Sensex
73,852.90 profit arw -876.37 (-1.17%)
Nifty
22,888.95 profit arw -257.20 (-1.11%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Enter a 10 digit mobile number starting with 7, 8, or 9
Captcha verification code, enter the characters shown below

As on : 18-Oct-2026
Corporate News
18-Oct-2026     16:29

IL JIN Electronics acquires remaining stake in Ascent Circuits through share swap

Amber Enterprises India Limited announced that its material subsidiary, IL JIN Electronics (India) Limited, has entered into a Share Swap Agreement with Ms. Manju Thomas, Mr. Mampra Chacko Thomas, and Ascent Circuits Private Limited to acquire the remaining 1.50% equity stake in Ascent Circuits. Upon completion of the transaction, IL JIN will hold 100% of Ascent Circuits' equity share capital, making it a wholly-owned subsidiary of both IL JIN and Amber Enterprises. As part of the agreement, IL JIN will issue and allot 13,120 Compulsorily Convertible Preference Shares (CCPS A2) to the seller.

INDIAN INDICES

Sensex

73,852.90 -876.37 (-1.17%)

Nifty

22,888.95 -257.20 (-1.11%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

24,180.40 117.67(0.49%)