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Category :
Company News
Headline :
Amber Enterprises - Acquisition
Date:
22/02/2024 08:45
Amber Enterprises India Limited has informed the Exchange about Acquisition by Shivaliks Mercantile Private Limited (Shivaliks), the JV-SPV of Sidwal Refrigeration Industries Private Limited (Sidwal), the wholly owned material subsidiary of Amber Enterprises India Limited (Amber), of 34.59% stake in the share capital of in Titagarh Firema SpA, a company based out of Italy ( Firema ), at a cost consideration aggerating to approximately Rs. Euro 20.21 million, to grow capabilities and capacities for various products in India and globally.
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