Acquiring Company
IL JIN Electronics (India) Private Limited
Acquired Company
Ascent Circuits Private Limited
Greater NoidaIndiaManufacturingElectronicsManufacturingAutomotiveDescription
IL JIN Electronics has acquired an additional 1% equity stake in Ascent Circuits, raising its holding to 98.50%. The acquisition was completed on July 3, 2026, for approximately Rs. 8 Crore. This move strengthens Amber Group's control over its subsidiary, Ascent Circuits. The company specializes in the manufacturing of printed circuit boards.
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Based on deal dataFrequently asked
Who acquired Ascent Circuits Private Limited?
Ascent Circuits Private Limited was acquired by IL JIN Electronics (India) Private Limited, based in Greater Noida. The deal was reported on September 13, 2026. IL JIN Electronics is a subsidiary of Amber Enterprises India. It specializes in electronic components and systems. The company is focused on enhancing its investment and stake in promising technological ventures. IL JIN Electronics (India) Private Limited is privately held and operates in Manufacturing.
When did IL JIN Electronics (India) Private Limited acquire Ascent Circuits Private Limited?
IL JIN Electronics (India) Private Limited's acquisition of Ascent Circuits Private Limited was reported on September 13, 2026. IL JIN Electronics has acquired an additional 1% equity stake in Ascent Circuits, raising its holding to 98.50%. The acquisition was completed on July 3, 2026, for approximately Rs. 8 Crore. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ascent Circuits Private Limited do?
Ascent Circuits Private Limited is a key manufacturing partner for the Amber Group, specializing in printed circuit boards (PCBs). The company focuses on serving the automotive and industrial applications market. It is privately held, operating in Manufacturing, and is based in India.
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