Amber Enterprises Arm to Raise ₹328 Crore via Rights Issue, Invest ₹296 Crore

CNBC TV18•19-03-2026, 21:32

•Amber Enterprises India Limited's subsidiary, IL JIN Electronics (India) Private Limited, will raise ₹328 crore through a rights issue.
•The funds from the rights issue will be utilized to support IL JIN's strategic initiatives.
•Amber Enterprises will invest approximately ₹296.02 crore in IL JIN by subscribing to its rights issue.
•The company reported a 38% YoY jump in Q3 FY26 consolidated revenue to ₹2,943 crore.
•Operating performance improved significantly, with EBITDA rising 55% YoY to ₹246 crore, exceeding market estimates.

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