NSE: AMBER · 22 October 2026
- Amber Enterprises (I) Ltd shares fell 2.52% on Wednesday, closing at ₹6180.0 after trading within a daily range of ₹6180.0 and ₹6389.5. The stock opened lower at ₹6249.5 compared to its previous close of ₹6340.0.
- IL JIN Electronics (India) Limited, a material subsidiary of Amber Enterprises, entered into a Share Swap Agreement on 18th October 2026 to acquire the remaining 40% equity stake in Power-One Micro Systems Private Limited. As non-cash consideration, IL JIN will issue and allot 1,76,000 Compulsorily Convertible Preference Shares (CCPS A3) to the sellers. Upon completion, Power-One will become a wholly-owned subsidiary of IL JIN and Amber Enterprises.
- Trading volume was 0.89 times the 20-day average daily volume.
Why is Amber Enterprises (I) share price falling on 22 October 2026?
Amber Enterprises (I) Ltd shares fell 2.52% on Wednesday, closing at ₹6180.0 after trading within a daily range of ₹6180.0 and ₹6389.5. The stock opened lower at ₹6249.5 compared to its previous close of ₹6340.0.
The broader market and related sectors experienced downward pressure during the session, with the Nifty falling 0.88% and the Nifty Auto sector benchmark declining 2.27%. Amber's pullback is part of a broader ongoing correction, reflected in its 5-day return of -7.0% and 20-day return of -11.71%.
On the corporate front, recent developments include material subsidiary IL JIN Electronics entering into share swap agreements on 18th October 2026 to acquire remaining minority stakes in Power-One Micro Systems and Ascent Circuits to make them wholly-owned subsidiaries. While these strategic corporate restructuring moves outline ongoing consolidation within the group, today's price movement appears primarily driven by broader market weakness and continuation of recent downward momentum rather than a single same-day event.
1.17 lakh shares traded by 22 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 1.32 lakh shares (0.89 times). The five-day average daily volume was 95,402 shares. Separately, the NSE report for 22 October 2026 showed 25,445 shares delivered, representing 21.69% of that day’s traded volume. The same report recorded 19,347 trades.
The stock declined 2.52% amid weak broader market conditions and ongoing negative momentum from previous sessions, without any single same-day catalyst directly triggering the move.
Latest Company Developments
IL JIN Electronics (India) Limited, a material subsidiary of Amber Enterprises, entered into a Share Swap Agreement on 18th October 2026 to acquire the remaining 40% equity stake in Power-One Micro Systems Private Limited. As non-cash consideration, IL JIN will issue and allot 1,76,000 Compulsorily Convertible Preference Shares (CCPS A3) to the sellers. Upon completion, Power-One will become a wholly-owned subsidiary of IL JIN and Amber Enterprises.
Consolidating 100% ownership simplifies the group's corporate structure and strengthens control over key step-down operations in power electronics and renewable energy.
IL JIN Electronics entered into a Share Swap Agreement on 18th October 2026 to acquire the remaining 1.50% equity stake in Ascent Circuits Private Limited from Ms. Manju Thomas. IL JIN will issue 13,120 Compulsorily Convertible Preference Shares (CCPS A2) as non-cash consideration. This transaction brings Ascent Circuits to full 100% subsidiary status under the group.
Full ownership of Ascent Circuits consolidates the manufacturing footprint in printed circuit boards (PCBs) catering to diverse global sectors like automotive, aerospace, and consumer electronics.
The Board of Directors of material subsidiary IL JIN Electronics approved the appointment of Mr. Satendra Singh as Chief Executive Officer and Whole Time Director for a five-year term effective 16th October 2026. Simultaneously, the board noted the cessation of Mr. Sanjay Kumar Arora as Whole Time Director at the close of business hours on 16th October 2026.
Management transitions at key material subsidiaries help shape operational execution and strategic direction for the group's electronics manufacturing vertical.
30 of SEBI LODR Regulations, we wish to update the exchange on the Scheme of Amalgamation of AmberPR Technoplast India Private Limited with and into the Company. In context of hearing held on 25th September 2026, the Company has received an order dated 25th September 2026 received on 1st October 2026, passed by Hon'ble National Company Law Tribunal, in CP(CAA) No. 18/Chd/Pb/2026 connected with CA(CAA) No. 11/Chd/Pb/2026.
30 of SEBI LODR Regulations, we wish to inform the exchange that, IL JIN Electronics (India) Limited, a material subsidiary of the Company has entered into a Share Swap Agreement on 18th October 2026, in terms of the said agreement IL JIN shall acquire 1,75,680 equity share of Power-One Micro Systems Private Limited, representing its balance 40% equity stake on fully dilutive basis, from existing equity shareholders of Power-one and shall issue and allot 1,76,000 Compulsorily Convertible Preference Share (CCPS A3) to the sellers as non-cash consideration. Upon completion of the aforesaid transaction, Power-One shall become wholly owned subsidiary of IL JIN and the Company.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 20.93% on 30 September 2026. This compares with 22.42% on 30 June 2026, a change of -1.49 percentage points.
The filing reported 37 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution and financial impact of the 100% stake consolidation in Power-One Micro Systems and Ascent Circuits
- Progress on insurance claim recovery processes regarding the fire incident at IL JIN Electronics' factory unit
- Timeline for completion of the second tranche of investment in MoMagic Wireless Private Limited by November 2026
- Upcoming quarterly financial results and management commentary on RAC segment demand trends
Other Dated Coverage
- Amber Enterprises (I) Share Price Today: Why AMBER Is Falling 1.58% | 19 October 2026 — 19 October 2026
- Amber Enterprises (I) Share Price Today: Why AMBER Is Rising 2.05% | 14 October 2026 — 14 October 2026
- Amber Enterprises (I) Share Price Today: Why AMBER Is Rising 2.08% | 13 October 2026 — 13 October 2026
More Amber Enterprises (I) news and dated analysis →
Frequently Asked Questions
What is the latest Amber Enterprises (I) company news?
IL JIN Electronics (India) Limited, a material subsidiary of Amber Enterprises, entered into a Share Swap Agreement on 18th October 2026 to acquire the remaining 40% equity stake in Power-One Micro Systems Private Limited. As non-cash consideration, IL JIN will issue and allot 1,76,000 Compulsorily Convertible Preference Shares (CCPS A3) to the sellers. Upon completion, Power-One will become a wholly-owned subsidiary of IL JIN and Amber Enterprises.
How strong was Amber Enterprises (I)’s trading volume?
1.17 lakh shares traded, 0.89 times the 20-day average daily volume. The price and volume data are dated 22 October 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.