Amber Enterprises to acquire additional stake in Ascent Circuits

Amber Enterprises to acquire additional stake in Ascent Circuits. IL JIN, a material subsidiary of Amber, is acquiring additional equity in Ascent Circuits Private Limited. The deal involves a step-down subsidiary and strengthens Amber’s control in the electronics manufacturing chain. Terms of the acquisition were not fully disclosed.
📊 STOCKS: AMBER | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #Acquisition