Amber Enterprises India Limited, through its material subsidiary IL JIN Electronics (India) Private Limited, has entered into definitive agreements to acquire a majority stake in Shogini Technoarts Private Limited.

This strategic acquisition was announced in a filing with the stock exchanges on November 14, after market hours. Advertisement

The target company, Shogini Technoarts, is a Pune-based manufacturer established in 1982. It specializes in producing a wide array of Printed Circuit Boards (PCBs), including single-sided, double-sided, multilayered, metal, and flexible PCBs. Shogini caters to a diverse clientele across sectors like automotive, defense, medical electronics, and telecommunications.

Following the completion of the deal, Shogini will become a subsidiary of IL JIN and,

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