Appliance maker, Amber Enterprises India Limited, on Saturday (July 12), said its board of directors has approved an enabling resolution to raise funds up to ₹2,500 crore through the issuance of permissible securities. The decision was taken at the company’s board meeting held on July 12, 2025.

In a regulatory filing, the company stated that the proposed fundraise will be subject to the necessary statutory and regulatory approvals, as well as approval from shareholders at the upcoming 35th Annual General Meeting.

Last month, Amber Enterprises’ material subsidiary, IL JIN Electronics India Private Ltd, inked an agreement to acquire a majority stake in Bengaluru-based Power-One Micro Systems Pvt Ltd. Amber’s unit will acquire this majority stake for a cash consideration, which has not been disclosed by the company.

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The Bengaluru-based company offers comprehensive solutions of battery energy storage systems (BESS), solar inverters, EV charges and UPS, Amber Enterprises said. It said Power-One serves diverse customers, with over 7 lakh products sold across key segments including industrial, residential, data centres, heavy engineering, defence, railways and airports.

IL JIN’s extensive experience in electronic manufacturing services, operational excellence, pan-India manufacturing footprint and research and development capability will catalyse Power-One to expand its capabilities, accelerate product innovation and strengthen its passion in BESS, solar inverters, EV chargers, UPS and solar power plants, the company added.

On Friday (July 11), shares of Amber Enterprises India Ltd ended at ₹7,463.50, down by ₹282.60, or 3.65%, on the BSE.

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