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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.
Amber Enterprises, through its subsidiary IL JIN Electronics, has entered into a definitive agreement to purchase a majority stake in Pune-based PCB manufacturer Shogini Technoarts. Financial details were not disclosed.