Amber Subsidiary IL JIN Acquires 80 Percent Stake in Shogini

Amber Enterprises India has announced that its material subsidiary, IL JIN Electronics (India), acquired an 80% stake in Shogini Technoarts on 01 December 2025 for a total consideration of Rs 506 crore. With this transaction, Shogini now operates as a subsidiary of IL JIN and a step-down subsidiary of Amber Enterprises India.

Amber Enterprises India Limited is a prominent player in the country’s HVAC and consumer-durables manufacturing landscape. Founded in 1990 and based in Gurugram, the company has evolved from a single facility into an extensive manufacturing network across India. It functions as a key OEM and ODM partner to leading air-conditioner brands, delivering complete AC units as well as essential components such as heat exchangers, sheet-metal assemblies, motors, PCBs, and copper-based parts.

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The company has steadily expanded into complementary sectors, including commercial HVAC solutions, electronics manufacturing services, and mobility-focused HVAC systems for railways, metros, buses, and defence applications. By offering integrated capabilities—from product design and engineering to tooling and final assembly—Amber has built durable partnerships with renowned domestic and global companies.

Through continued emphasis on technological advancement, increased manufacturing capacity, and deeper backward integration, Amber Enterprises is reinforcing its position as a critical contributor to India’s growing cooling, electronics, and mobility-technology ecosystem.