Summary of Key Information:

Target Company:

IL JIN Electronics (India) Private Limited

Nature of Transaction / Event:

Board composition changes including appointment of Independent Directors, appointment of Chief Financial Officer, and resignation of Independent Director

Date of Transaction:

13/08/2026

Appointments:

  • Mr. Prakash Iyer appointed as Additional Director in the category of Independent Director w.e.f 13th August 2026
  • Ms. Sabina Moti Bhavnani appointed as Additional Director in the category of Independent Director w.e.f 13th August 2026
  • Mr. Sudhir Goyal appointed as Chief Financial Officer of IL JIN w.e.f 13th August 2026

Resignation:

  • Ms. Lovely Mehra resigned as an Independent Director with effect from the close of business hours on 13th August 2026

Director Profiles:

Mr. Prakash Iyer:

  • DIN: 00956349
  • Age: 58 Years
  • Qualifications: Bachelor's degree in Commerce, Master's Degree in Commerce, Chartered Accountant, Cost Accountant
  • Current Role: Managing Partner & General Partner for Calculus Defence Fund
  • Experience: 30 years across financial services domain including equity and debt research, investment banking, private equity and venture investing
  • Association with Amber Group: Independent Director on the Board of Amber Enterprises India Limited since 19th September 2024
  • Expertise: Investing & capital raising, M&A, turnarounds, Team Management, Strategic Planning, Marketing Strategy

Ms. Sabina Moti Bhavnani:

  • DIN: 06553087
  • Age: 58 Years
  • Qualifications: MBA in Finance from Narsee Monjee Institute of Management Studies, Bachelor of Commerce from University of Mumbai
  • Current Role: Assisting IL&FS Board in monetization of Group assets, Director on InvIT Hold Co and several Group Road SPVs
  • Experience: 30+ years across Corporate Advisory, Mergers & Acquisitions, Private Equity, and Corporate Finance
  • Association with Amber Group: Independent Director on the board of Amber Enterprises India Limited since 19th September 2024
  • Expertise: Corporate Advisory, Mergers & Acquisitions, Private Equity, and Corporate Finance

Mr. Sudhir Goyal:

  • Membership No. A503261
  • Age: 49 Years
  • Qualifications: Bachelor's degree in commerce (Hons.) from University of Delhi, Chartered Accountant
  • Current Role: Chief Financial Officer at Amber Enterprises India Limited
  • Experience: More than two decades of experience in Finance, Treasury, Mergers & Acquisitions, Fund Raising, Tax planning, Financial Controls and Risk Management
  • Association with Amber: Since October 2012, led capital market initiatives including IPO and QIP
  • Expertise: finance, treasury, mergers and acquisitions, fund raising, tax planning, financial controls and risk management

Resignation Details:

  • Ms. Lovely Mehra resigned due to personal and professional commitments
  • She confirmed there are no other material reasons for resignation
  • She held no directorships in other listed entities
  • Effective date: 13th August 2026 from the closure of business hours

Other Noteworthy Information:

  • IL JIN Electronics (India) Private Limited is a material subsidiary of Amber Enterprises India Limited
  • The intimation is available on the company website at www.ambergroupindia.com
  • All necessary statutory and regulatory compliances to be undertaken for the resignation

Analyst Notes:

The disclosure contains comprehensive information about board-level changes at IL JIN Electronics (India) Private Limited, including detailed professional backgrounds of the appointed directors and reasons for resignation. All information is presented as factual reporting without speculative elements.