tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Amber’s Subsidiary IL JIN Lifts Stake in Israel’s Unitronics to 44.81%

Story Highlights
  • Amber’s subsidiary IL JIN has bought more shares in Israel-based Unitronics through ILJIN Holding.
  • The latest purchase raises IL JIN’s indirect ownership in Unitronics to 44.81%, highlighting Amber’s expanding global footprint.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amber’s Subsidiary IL JIN Lifts Stake in Israel’s Unitronics to 44.81%

Claim 70% Off TipRanks Premium

Amber Enterprises India Ltd. ( (IN:AMBER) ) has shared an announcement.

Amber Enterprises India Ltd. has disclosed that its material subsidiary, IL JIN Electronics (India) Pvt. Ltd., has indirectly acquired an additional 3.65% stake in Israel-based Unitronics (1989) (R”G) Ltd. via ILJIN Holding Ltd., by purchasing 509,888 ordinary shares at a fixed price of NIS 24 per share for a total consideration of NIS 12,237,312 on 30 December 2025. Following this transaction, IL JIN, through ILJIN Holding, now holds 44.81% of Unitronics’ equity share capital, marking a significant increase in its strategic stake and triggering disclosure under SEBI’s materiality thresholds, which underscores Amber’s growing international footprint and deepening involvement in Unitronics’ business, with potential implications for its electronics and automation capabilities and for investors tracking its overseas expansion strategy.

More about Amber Enterprises India Ltd.

Amber Enterprises India Ltd. operates in the consumer durables and electronics space, with a focus on air-conditioning and related electronics, and conducts part of its business through material subsidiary IL JIN Electronics (India) Private Limited, which in turn holds international investments through its wholly owned Israel-based subsidiary ILJIN Holding Ltd.

Average Trading Volume: 11,096

Technical Sentiment Signal: Buy

Current Market Cap: 228.2B INR

See more data about AMBER stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1