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Amber Enterprises arm to raise ₹328 crore via rights issue; company to invest ₹296 croreAmber Enterprises India Limited announced IL JIN Electronics (India) will raise ₹328 crore via a rights issue. Amber also approved an extra ₹296.02 crore investment in IL JIN.By Navneet Singh  March 19, 2026, 9:32:14 PM IST (Published)2 Min ReadAmber Enterprises India Limited informed exchange on Thursday, March 19,  that the Board of Directors of IL JIN Electronics (India) Private Limited, a material subsidiary, has approved raising ₹328 crore through a rights issue of equity shares.

The company added that the proceeds from the rights issue will be used to support IL JIN’s strategic initiatives.

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In a seperate filing, the firm added that it has approved an additional investment of approximately ₹296.02 crore in its material subsidiary, IL JIN Electronics (India) Private Limited, through subscription to its rights issue.

The investment follows the rights issue approved by the board of IL JIN.

The firm had delivered a strong operating performance in the December quarter, with revenue and margins beating Street expectations. Profitability, however, was hit by a large exceptional charge.

It had reported a 38% year-on-year jump in consolidated revenue for Q3 FY26 to ₹2,943 crore, from ₹2,133 crore a year earlier.

Operating performance improved sharply, with EBITDA rising 55% YoY to ₹246 crore from ₹159 crore last year, and exceeding market estimates of ₹156 crore. EBITDA margin expanded by 90 basis points to 8.35% from 7.45% a year ago.

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Ahead of the company, shares of Amber Enterprises India Limited closed at ₹6,710 on March 19, down ₹140 or 2.04% on the day, at NSE.Continue ReadingTagsAmber Enterprisesinvestmentrights issueshare market today