NSE: AMBER · 4 November 2026
- Amber Enterprises (I) has risen 10.14% over 3 trading sessions; today's move is +3.19%.
- Amber's material subsidiary, IL JIN Electronics (India) Limited, completed the acquisition of the remaining 40% equity stake in Power-One Micro Systems Private Limited pursuant to a share swap agreement executed on 18th October 2026. As non-cash consideration, IL JIN allotted 1,76,000 Compulsorily Convertible Preference Shares A3 to the sellers, making Power-One a wholly-owned step-down subsidiary of Amber. Power-One specializes in solar inverters, UPS systems, EV chargers, and energy solutions, recording a turnover of ₹27,001.50 lakh for fiscal year 2025-2026.
- Trading volume was 1.53 times the 20-day average daily volume.
Amber Enterprises (I) share price: 10.14% rise over 3 trading sessions
Amber Enterprises India Ltd shares rose 3.19% on Tuesday, finishing the trading session at ₹6,460.00. The stock opened at ₹6,217.50, dipped to an intraday low of ₹6,202.00, and climbed to a day's high of ₹6,464.00, spending the bulk of the day near the upper end of that range.
On the broader market front, the benchmark Nifty advanced 0.63%, while the sector benchmark Nifty Auto outperformed with a 1.16% gain. Amber's positive price action outpaced both indices on the day. Looking at recent momentum, the stock has posted a 4.11% return over the past five trading days, helping offset some of its broader 20-day correction, which stands at -5.95%.
Company-specific news flow provided supportive background context, notably following recent disclosures from material subsidiary IL JIN Electronics (India) Limited regarding completed acquisitions. On 3rd November 2026, the company reported that IL JIN completed the acquisition of the remaining equity stakes in Power-One Micro Systems Private Limited and Ascent Circuits Private Limited via share swap agreements, making both entities wholly-owned step-down subsidiaries. While these strategic corporate developments were formally communicated post-market hours earlier, they continue to anchor investor focus on Amber's supply chain consolidation in power electronics and printed circuit boards.
2.39 lakh shares traded by 4 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 1.57 lakh shares (1.53 times). The five-day average daily volume was 1.92 lakh shares. Separately, the NSE report for 4 November 2026 showed 83,119 shares delivered, representing 34.73% of that day’s traded volume. The same report recorded 43,975 trades.
The stock's 3.19% gain coincided with higher-than-average volume and positive momentum across broader market benchmarks. While recent filings concerning subsidiary acquisitions provide a supportive fundamental backdrop, the move reflects general buying interest rather than a direct same-day intraday catalyst.
Latest Company Developments
Amber's material subsidiary, IL JIN Electronics (India) Limited, completed the acquisition of the remaining 40% equity stake in Power-One Micro Systems Private Limited pursuant to a share swap agreement executed on 18th October 2026. As non-cash consideration, IL JIN allotted 1,76,000 Compulsorily Convertible Preference Shares A3 to the sellers, making Power-One a wholly-owned step-down subsidiary of Amber. Power-One specializes in solar inverters, UPS systems, EV chargers, and energy solutions, recording a turnover of ₹27,001.50 lakh for fiscal year 2025-2026.
Consolidating 100% ownership of Power-One strengthens the parent group's control over its renewable energy and power electronics manufacturing capabilities.
IL JIN Electronics also finalized the acquisition of the remaining 1.50% equity stake in Ascent Circuits Private Limited from Ms. Manju Thomas, based on the share swap agreement signed on 18th October 2026. IL JIN allotted 13,120 Compulsorily Convertible Preference Shares A2 as non-cash consideration, resulting in Ascent Circuits becoming a wholly-owned step-down subsidiary. Ascent Circuits is a prominent manufacturer of printed circuit boards with a fiscal 2025-2026 turnover of ₹40,187 lakh.
Achieving full ownership of Ascent Circuits secures Amber's internal supply chain for printed circuit boards across consumer electronics, automotive, and industrial applications.
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform the exchange that IL JIN Electronics (India) Limited, a material subsidiary of the Company ("IL JIN") has completed the acquisition of the balance 40% equity stake of Power-One Micro Systems Private Limited ("Power-One") from Mr. Ramanna Rajesh Mayasandra, Mr. Harsha Venkatesh, Dwaith Advisory Private Limited and Mrs. Doddabidere Honappa Venna, shareholders of Power-One, pursuant to Share Swap agreement executed on 18th October 2026, thereby making Power-One a Wholly-Owned Subsidiary of IL JIN and Wholly-Owned step down subsidiary of the Company. Further, 1,76,000 Compulsorily Convertible Preference Shares A3 have been allotted by IL JIN to Mr. Ramanna Rajesh Mayasandra, Mr. Harsha Venkatesh, Dwaith Advisory Private Limited and Mrs. Doddabidere Honappa Veena, as a non -cash consideration, for the aforesaid, in terms of the said Share Swap Agreement.
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, 2015, we wish to inform the exchange that IL JIN Electronics (India) Limited, a material subsidiary of the Company ("IL JIN") has completed the acquisition of the balance 40% equity stake of Power-One Micro Systems Private Limited ("Power-One") from Mr. Ramanna Rajesh Mayasandra, Mr. Harsha Venkatesh, Dwaith Advisory Private Limited and Mrs. Doddabidere Honappa Venna, shareholders of Power-One, pursuant to Share Swap agreement executed on 18th October 2026, thereby making Power-One a Wholly-Owned Subsidiary of IL JIN and Wholly-Owned step down subsidiary of the Company. Further, 1,76,000 Compulsorily Convertible Preference Shares A3 have been allotted by IL JIN to Mr. Ramanna Rajesh Mayasandra, Mr. Harsha Venkatesh, Dwaith Advisory Private Limited and Mrs. Doddabidere Honappa Veena, as a non -cash consideration, for the aforesaid, in terms of the said Share Swap Agreement.
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 progress and revenue integration of newly acquired step-down subsidiaries Power-One Micro Systems and Ascent Circuits
- Volume and delivery trends around the ₹6,460 price handle to gauge sustained institutional or retail interest
- Upcoming financial results and management commentary on demand trends in the room air conditioner and power electronics segments
- Performance relative to the Nifty Auto and broader consumer durables indices
Other Dated Coverage
- Amber Enterprises (I) Share Price Today: Why AMBER Is Falling 2.84% | 23 October 2026 — 23 October 2026
- Amber Enterprises (I) Share Price Today: Why AMBER Is Falling 2.52% | 22 October 2026 — 22 October 2026
- Amber Enterprises (I) Share Price Today: Why AMBER Is Falling 1.58% | 19 October 2026 — 19 October 2026
More Amber Enterprises (I) news and dated analysis →
Frequently Asked Questions
What is the latest Amber Enterprises (I) company news?
Amber's material subsidiary, IL JIN Electronics (India) Limited, completed the acquisition of the remaining 40% equity stake in Power-One Micro Systems Private Limited pursuant to a share swap agreement executed on 18th October 2026. As non-cash consideration, IL JIN allotted 1,76,000 Compulsorily Convertible Preference Shares A3 to the sellers, making Power-One a wholly-owned step-down subsidiary of Amber. Power-One specializes in solar inverters, UPS systems, EV chargers, and energy solutions, recording a turnover of ₹27,001.50 lakh for fiscal year 2025-2026.
How strong was Amber Enterprises (I)’s trading volume?
2.39 lakh shares traded, 1.53 times the 20-day average daily volume. The price and volume data are dated 4 November 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.