AGM Details
The 36th Annual General Meeting will be held on Wednesday, 16th September 2026 at 11:00 A.M. IST through Video Conference (VC) / Other Audio Visual Means (OAVM).
Remote e-Voting Schedule:
- Cut-off date for Remote e-Voting: 7th September 2026 (Monday)
- Commencement of Remote e-Voting: 13th September 2026 (Sunday) at 09:00 A.M.
- End of Remote e-Voting: 15th September 2026 (Tuesday) at 05:00 P.M.
Business to be Transacted
Ordinary Business:
Item No. 1: Adoption of financial statements for FY ended 31st March 2026
- To adopt audited standalone financial statements with reports of Board of Directors and Auditors
- To adopt audited consolidated financial statements with report of Auditors
Item No. 2: Re-appointment of Mr. Jasbir Singh (DIN: 00259632) as Executive Chairman & CEO and Whole Time Director
- Mr. Singh retires by rotation and offers himself for re-appointment
- Board recommends re-appointment based on performance evaluation
- Resolution to be passed as Ordinary Resolution
Special Business:
Item No. 3: Ratification of remuneration of Cost Auditors for FY 2026-27
- Remuneration of ₹60,000 per annum plus applicable taxes and out-of-pocket expenses
- Cost Auditor: M/s. K.G. Goyal & Associates (Firm Registration No. 000024)
- Appointed by Board on 15th May 2026
- Ordinary Resolution required
Item No. 4: Re-appointment of Mr. Prakash Iyer (DIN: 00956349) as Independent Director
- For second term of five consecutive years from 19th September 2026 to 18th September 2031
- Currently serves as Chairman of Audit Committee and member of NRC and Stakeholders Relationship Committee
- Special Resolution required
Item No. 5: Re-appointment of Ms. Sabina Moti Bhavnani (DIN: 06553087) as Independent Director
- For second term of five consecutive years from 19th September 2026 to 18th September 2031
- Currently serves as Chairperson of CSR Committee, BRSC, and Risk Management Committee
- Special Resolution required
Item No. 6: Approval of Related Party Transaction - remuneration to Mr. Sudhir Goyal
- Mr. Sudhir Goyal (CFO and KMP of Company) to hold office in IL JIN Electronics (Material Subsidiary)
- Remuneration not exceeding ₹2,00,00,000 per annum to be paid by IL JIN
- Effective from 13th August 2026
- Ordinary Resolution required
Item No. 7: Approval for giving Corporate Guarantees and/or providing Security under Section 186
- Enhanced limit: Higher of ₹5,000 Crore or 60% of paid-up share capital, free reserves and securities premium account
- Special Resolution required
Item No. 8: Approval for Acquisition of Securities/Investments under Section 186
- Enhanced limit: Higher of ₹5,000 Crore or 60% of paid-up share capital, free reserves and securities premium account
- Special Resolution required
Item No. 9: Authorization under Section 185 for loans/guarantees to IL JIN Electronics
- Aggregate amount not exceeding ₹1,000 Crore outstanding per annum
- IL JIN is material subsidiary
- Special Resolution required
Item No. 10: Authorization under Section 185 for loans/guarantees to Ascent Circuits
- Aggregate amount not exceeding ₹1,000 Crore outstanding per annum
- Ascent Circuits is step-down subsidiary
- Special Resolution required
Item No. 11: Authorization under Section 185 for loans/guarantees to Ascent-K Circuit
- Aggregate amount not exceeding ₹1,000 Crore outstanding per annum
- Ascent-K is step-down subsidiary
- Special Resolution required
Item No. 12: Approval of Material Related Party Transactions with IL JIN
- Aggregate amount not exceeding ₹3,592 Crore
- IL JIN is material subsidiary and related party
- Ordinary Resolution required
Item No. 13: Approval of Material Related Party Transactions with Ascent Circuits
- Aggregate amount not exceeding ₹3,485 Crore
- Ascent Circuits is step-down subsidiary and related party
- Ordinary Resolution required
Item No. 14: Approval of Material Related Party Transactions with Ascent-K Circuit
- Aggregate amount not exceeding ₹3,635 Crore
- Ascent-K is step-down subsidiary and related party
- Ordinary Resolution required
Item No. 15: Approval of Material Related Party Transactions between IL JIN and Ascent Circuits
- Aggregate amount not exceeding ₹5,535 Crore
- Both are subsidiaries of the Company
- Ordinary Resolution required
Item No. 16: Approval of Material Related Party Transactions between IL JIN and Ascent-K Circuit
- Aggregate amount not exceeding ₹6,135 Crore
- Both are subsidiaries of the Company
- Ordinary Resolution required
Financial Information Disclosed
- Materiality threshold for RPTs: ₹1,218.65 Crore (10% of consolidated turnover of ₹12,186.48 Crore for FY 2025-26)
- IL JIN Financials (FY 2025-26): Turnover ₹2,25,463.97 lakh, PAT ₹5,394.95 lakh, Net Worth ₹2,55,733.24 lakh
- Ascent Circuits Financials (FY 2025-26): Turnover ₹40,186.59 lakh, PAT ₹3,133.62 lakh, Net Worth ₹29,990.50 lakh
- Ascent-K Financials (FY 2025-26): Turnover ₹0, PAT (₹45.35) lakh, Net Worth ₹54.65 lakh
Voting Procedures
- Remote e-Voting through KFin Technologies Limited
- Members can vote electronically from 13th to 15th September 2026
- Physical attendance dispensed with due to VC/OAVM meeting
- Scrutinizer: M/s Vikram Jhawar & Co, Practicing Company Secretary
Documents Availability
- Notice and Annual Report available on company website: www.ambergroupindia.com
- Documents available for electronic inspection during AGM
- Register of Directors and Contracts available for inspection