# Amber Group acquires majority stake in Shogini Technoarts for Rs 506 crore

Amber Enterprises India Ltd. completed the acquisition of a majority stake in Pune-based Shogini Technoarts Pvt. Ltd. for Rs 506 crore. Shogini manufactures printed circuit boards for various applications.

- Type: Acquisition
- Announced: 2025-12-01
- Where: Pune, India
- Status: completed
- Products: printed circuit boards
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Amber Enterprises India](https://endata.com/companies/38150.md) (acquirer)
- [Shogini Technoarts](https://endata.com/companies/88468.md) (target)

## Sources

- [ndtvprofit.com](https://www.ndtvprofit.com/business/amber-group-acquires-shogini-technoarts-to-expand-pcb-operations-9732730), 2025-12-01: "Amber Enterprises said the deal, which was signed in November, will strengthen capabilities in PCB manufacturing and expand its product portfolio while reducing reliance on external suppliers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.