Amber announced acquisition of majority stake in Shogini Technoarts

Last Updated : Dec 01 2025 | 7:04 PM IST

Amber Enterprises India announced that its material subsidiary, IL JIN Electronics (India) has acquired 80% stake in Shogini Technoarts on 01 December 2025 for a total purchase consideration of Rs 506 crore.

Consequently, Shogini has become a subsidiary of IL JIN and a step-down subsidiary of Amber Enterprises India.

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First Published: Dec 01 2025 | 6:52 PM IST