Amber Enterprises India Limited has informed the Exchange regarding a press release dated January 03, 2024, titled "PRESS RELEASE DATED 03 JANUARY 2024, ON EXECUTION OF DEFINITIVE AGREEMENTS BY IL JIN ELECTRONICS (INDIA) PRIVATE LIMITED ( ILJIN ), THE MATERIAL SUBSIDIARY OF THE COMPANY WITH ASCENT CIRCUITS PRIVATE LIMITED ( ASCENT ) ON 02 JANUARY 2024, FOR ACQUIRING MAJORITY STAKE IN THE EQUITY SHARE CAPITAL OF ASCENT".