Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Amber Digital has been incorporated to commence the business of manufacturing mobile phones.
IL JIN Electronics, part of the Amber Group, operates its bare PCB business through its subsidiaries, with the cooperation specifically focussed on Ascent Circuits.
The planned cooperation will combine Schweizer’s long-standing experience in automotive and industrial PCB applications with Ascent Circuits’ manufacturing footprint and expansion plans in India.
It will create additional value for customers in European and US region by strengthening supply-chain resilience, broadening sourcing options and preparing a structured path toward future technology capabilities.
In the first phase, the partners will focus on selected standard automotive and industrial PCB applications based on existing manufacturing capabilities.
In parallel, the cooperation will prepare a step-by-step roadmap toward more complex multilayer and HDI applications as future Indian capacities become available.
The partners also intend to evaluate selected future growth areas in other industries where the cooperation can create long-term customer value.
In a separate filing made on Saturday (27 June 2026), Amber Group informed that it had the ground breaking ceremony of two advanced manufacturing facilities at YIEDA, near Noida International Airport (Jewar), Uttar Pradesh.
The first unit is Ascent-K Circuit’s facility for advanced HDI PCBs manufacturing, spanning across 16 acres, and approved under the Electronics Component Manufacturing Scheme (ECMS) by the Ministry of Electronics and Information Technology (MeitY). The facility would bring together the expertise of Ascent Circuits and Korea Circuit Co.
The second unit is Amber Group’s Ultra Mega AC manufacturing facility, spanning across 100 acres, to boost domestic production and scale, in a phased manner, for air conditioner manufacturing.
Amber Enterprises India is engaged in the business of manufacturing and trading of Consumer Durables, Electronics Manufacturing Services and Railway Subsystem & Mobility and its services.
The company reported a 26.8% year-on-year decline in consolidated net profit to Rs 85 crore for Q4 FY26, despite a 10.5% increase in revenue from operations to Rs 4,147.52 crore.
The scrip shed 0.85% to currently trade at Rs 7595 on the BSE.
Oppo India, a licensed manufacturer of mobile phones for the OPPO, OnePlus and Realme brands in India, will partner with Amber Group to manufacture smartphones for these brands in the country.
Under the arrangement, Amber Group will leverage its manufacturing scale, operational capabilities, local supply chain network and expertise in enhancing domestic value addition, while the brands will contribute their global product and technology expertise.
The partnership underscores Oppo India’s confidence in Amber Group’s ability to deliver quality, scale and consistency in manufacturing operations.
For Amber Group, the collaboration represents a significant milestone in its diversification strategy and strengthens its position in the electronics manufacturing ecosystem. The company said the partnership will support its long-term growth plans while expanding its role in India's mobile phone manufacturing sector.
The collaboration is expected to create opportunities for operational synergies and reinforce Amber’s position as a preferred entity for B2B manufacturing. Both companies will work closely to ensure a gradual smooth ramp-up and to explore additional opportunities for future collaboration.
Speaking on the announcement, Jasbir Singh, Executive Chairman & CEO, Amber Enterprises India Limited said: “We are excited for this manufacturing collaboration with OPPO India. This collaboration underscores our manufacturing capabilities and our ability to support globally recognized brands with quality, reliability, value addition and scale.”
Amber Enterprises reported a 26.8% year-on-year decline in consolidated net profit to Rs 85 crore for Q4 FY26, despite a 10.5% increase in revenue from operations to Rs 4,147.52 crore.
The scrip rose 1.14% to end at Rs 7,955.05 on the BSE on 18 June 2026.
Amber Group has entered into a manufacturing collaboration with Oppo Mobiles India (Oppo India). OPPO India is a licensed manufacturer of Mobile Phones for brands of OPPO, OnePlus and Realme (the Brands) in India.
Under this collaboration, Amber Group will manufacture Mobile Phones for the Brands, combining the Brands' global product expertise with the Indian partner's manufacturing scale, operational capabilities, capability to enhance local value addition and local supply chain strengths.
This partnership reflects OPPO India's recognition of Amber Group's capabilities to deliver quality, scale, and consistency. For Amber group, the collaboration represents an important milestone in its efforts to expand its role in manufacturing and strengthen its long-term growth platform.
Securities in F&O Ban:
Amber Enterprises India and Kaynes Technology India shares are banned from F&O trading on 10 June 2026.
Stocks to Watch:
KRN Heat Exchanger and Refrigeration announced an investment of ₹235 crore in its subsidiary, KRN HVAC Products. The funds, raised through a Qualified Institutional Placement (QIP), will be utilized for working capital requirements.
Patanjali Foods informed exchanges that it has received a notice from the Maharashtra FDA regarding allegedly misleading juice advertisements and promotional labeling. The company clarified that no monetary penalty has been imposed.
Bharti Airtel stated that the Bombay High Court allowed its petition and set aside a demand notice of ₹8,414 crore. The demand included an OTSC-related claim of Rs 473.7 crore pertaining to its subsidiary, Bharti Hexacom.
Dixon Technologies announced that it has signed a binding joint venture term sheet with Gemtek to manufacture optical transceivers and networking equipment for the data center and telecom ecosystem. Dixon will hold a 60% stake in the venture, while Gemtek will own the remaining 40%.
Glenmark Pharmaceuticals released an investor presentation outlining its ambition to become a leading global innovation-driven pharmaceutical company, with a focus on achieving leadership positions in respiratory therapies and injectable products within the U.S. generics market.
Bharti Hexacom received significant relief after the Bombay High Court set aside a spectrum charge demand of Rs 473.7 crore.
Dredging Corporation of India announced that its board has approved the appointment of Jasmeet Singh Bindra as an Additional Director and Chairman.
PNB Housing Finance approved the allotment of Non-Convertible Debentures (NCDs) worth Rs 500 crore.
Afcons Infrastructure announced that it has secured a Letter of Acceptance (LoA) worth Rs 5,301 crore for the Breakwater Project at Vadhvan Port.
HCLTech launched a new Cybersecurity Fusion Center in Ontario to expand its cybersecurity capabilities and strengthen its presence in Canada.
Newgen Software Technologies announced that Virender Jeet will step down as CEO effective 31 August 2026, citing personal and professional reasons