Amber Enterprises India Ltd had earlier announced regarding acquisition of Ever Electronics Private Limited ('EVER') to the extent of 70% equity stake of total Share Capital by the end of 31 October 2019 in one or more tranches.
The Company has acquired 27,91,978 equity share of face value of Rs. 10 each comprising of 51% equity stake of total Share Capital of EVER.
By virtue of the aforesaid acquisition of equity shares of EVER, the Company now holds 70% equity stake in the share capital of EVER.
Shares of Amber Enterprises India Ltd was last trading in BSE at Rs.911.7 as compared to the previous close of Rs. 914.9. The total number of shares traded during the day was 194136 in over 532 trades.
The stock hit an intraday high of Rs. 946.7 and intraday low of 905. The net turnover during the day was Rs. 178597821.