News Details

Amber Enterprises India Limited has informed the Exchange regarding execution of definitive agreements on 5 April 2024 amongst - AT Railway Sub Systems Private Limited, [the wholly owned subsidiary of Sidwal Refrigeration Industries Private Limited ( Sidwal the wholly owned Material Subsidiary of the Company)] and Yujin Machinery Ltd., a South Korea Based Company & Sinkodia Pte. Ltd., a Singapore based company & Dujin International, a Hong Kong based company, for Investment and formation of a new Joint Venture Company ( JVC ) In India, to carry on the business of manufacturing of all types of Driving Gears, Couplers, and Pantograph for various rolling stocks, including all types of wagons, trams, Vande Bharat trains, Indian Railways products, high speed and metro trains, regional rapid transit systems, etc, in India or such other places agreed between the parties. '.