IL JIN Electronics (India) Limited, a material subsidiary of the Company ("IL JIN") has completed the ac
As filed · Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform the exchange that IL JIN Electronics (India) Limited, a material subsidiary of the Company ("IL JIN") has completed the ac
What happened
FactIL JIN Electronics (India) Limited, a material subsidiary of the Company ("IL JIN") has completed the acquisition of the balance 40% equity stake of Power-One Micro Systems Private Limited ("Power-One") from Mr. Ramanna Rajesh Mayasandra, Mr. Harsha Venkatesh, Dwaith Advisory Private Limited and Mrs. Doddabidere Honappa Venna, shareholders of Power-One, pursuant to Share Swap agreement executed on 18th October 2026, thereby making Power-One a Wholly-Owned Subsidiary of IL…
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
Revisedthe industry expects to grow by somewhere around 20% in quarter 1.
we are estimating a growth of somewhere around 12% to 13% on the complete year.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- we are estimating a growth of somewhere around 12% to 13% on the complete year. (management committed by FY27)
- the industry expects to grow by somewhere around 20% in quarter 1. (management committed by Q1 FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%