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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Amber Enterprises India Ltd

Amber Enterprises acquires remaining 50% of Amber Resojet for INR 1.74 Crore

M&A ▲ Positive Development LOW RISK
📅 Filed on BSE: 03 Apr 2026, 07:23 PM IST  ·  BSE ID: dc838ac6-80f5-45a7-a364-9f0ecbb50d43
View Original BSE Filing (PDF)
💡
In Simple Terms
Amber Enterprises is buying out its joint venture partner to gain full ownership of its washing machine manufacturing subsidiary for INR 1.74 Crore.
🤖 AI Summary
  • Amber Enterprises executes SPA to acquire remaining 50% stake in Amber Resojet for INR 1.74 Crore
  • Joint venture partner LCGC Resolute Appliances LLP is seller; related party transaction at arm's length
  • Amber Resojet manufactures fully automatic washing machines; FY 2024-25 turnover Rs. 36,91,18,356
  • Upon completion, Amber Resojet becomes wholly owned subsidiary; no regulatory approvals required
  • Acquisition completion expected within 30 to 45 days from 3rd April 2026 execution date
🔢 Key Numbers — exact figures from BSE filing, not rounded
Acquisition consideration
INR 1.74 Crore
Equity stake acquired
50% (10,000 equity shares)
Amber Resojet FY 2024-25 turnover
Rs. 36,91,18,356
Amber Resojet FY 2023-24 turnover
Rs. 13,32,72,787
177%
Paid-up capital of Amber Resojet
Rs. 2,00,000
Expected completion timeframe
30 to 45 days from 3rd April 2026
🏢 How This Affects the Company
📈
Business Impact
Consolidation of washing machine manufacturing operations under full ownership. Amber Resojet's FY 2024-25 turnover of Rs. 36,91,18,356 will now be fully consolidated into parent company's results.
💰
Financial Impact
Cash outflow of approximately INR 1.74 Crore for acquisition. Elimination of joint venture accounting; 100% ownership will enable full consolidation of subsidiary's earnings and balance sheet.
⚙️
Operational Impact
Full operational control over Amber Resojet's manufacturing, assembly, design and engineering functions for washing machines. Removal of joint venture governance structure simplifies decision-making.
⚠️
Risk Impact
Consolidation reduces coordination risk with external joint venture partner. Related party transaction structure is arm's length; no regulatory or governmental approval required, reducing execution risk.
👥 What This Means For Shareholders
✅
Action Required
No shareholder action required. Acquisition is Board-approved related party transaction disclosed under Regulation 30.
👤
Who Is Affected
All shareholders benefit from consolidation of Amber Resojet into group structure. No cash distribution or capital restructuring for shareholders — cash outlay is from company balance sheet.
🔍
Management Signal
Board prioritizes vertical consolidation and full operational control over joint venture partnerships to achieve long-term strategic objectives in consumer durables sector.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
SPA completion filing and related party approval confirmations by mid-May 2026
Q1 FY27 results consolidation — track Amber Resojet's contribution to group turnover
Next related party transaction disclosure — monitor if additional tranches of consideration become payable
LOW RISK No regulatory approvals required. Arm's length transaction with existing joint venture partner. Clear completion timeline. Amber Resojet is established subsidiary with growth track record.
💡 Investor Takeaway
Amber Enterprises acquiring full ownership of Amber Resojet, a washing machine manufacturer that grew turnover 177% to Rs. 36.91 Crore in FY 2024-25. Cash outlay of INR 1.74 Crore for remaining 50% stake. Completion expected within 30-45 days. Consolidates operations under single control.
⚖️ Strengths & Concerns

✅ Positives

  • Clear strategic rationale to restructure joint venture into wholly owned subsidiary for long-term goals
  • Amber Resojet demonstrated 177% YoY turnover growth from Rs. 13.33 Cr in FY24 to Rs. 36.91 Cr in FY25

⚠️ Concerns

  • Amber Resojet incorporated April 2022 with limited operational history spanning less than 4 years
  • Acquisition cost INR 1.74 Crore represents valuation increase from earlier 50% stake acquisition basis
📅 Company Track Record
Amber Enterprises previously approved additional investment in Amber Resojet subsidiary on 19th March 2026. Amber Resojet was incorporated 18th April 2022 and engaged in manufacturing fully automatic washing machines. Company grew turnover 177% from FY 2023-24 to FY 2024-25.

Based on publicly available historical data. For context only.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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