Amber Group to acquire 60% stake in Ascent Circuits

Amber Group, through its subsidiary ILJIN Electronics, entered into a definitive agreement to acquire a 60% stake in Ascent Circuits Pvt Ltd, a PCB manufacturer. The cash consideration and valuation will be disclosed post-closing.

“Home-grown B2B electronic manufacturing company, the Amber Group, on Wednesday said it has entered into a definitive agreement to acquire 60 per cent stake in Ascent Circuits Pvt Ltd.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comAmber Group to acquire majority stake in Ascent Circuits - The HinduBusinessLineMeenakshi Verma AmbwaniJan 3, 2024

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