Amber Enterprises India Ltd. Company History and Annual Growth Details

Brief History of the Company

The Company was incorporated as Amber Enterprises India Private Limited on April 2, 1990 at Jalandhar, Punjab as a private limited company under the Companies Act, 1956. the Company was converted to a public limited company pursuant to a special resolution passed by the shareholders on September 20, 2017 and a fresh certificate of incorporation dated September 22, 2017 was issued by the Registrar of Companies, Chandigarh, consequently, the name of the Company was changed to Amber Enterprises India Limited and a fresh certificate of incorporation consequent to change of name dated September 22, 2017 was issued by the RoC.

Major events and milestones of the Company

1990

- The Company was incorporated as a private limited company.

1994

- The first factory at Rajpura was established

2003-04

- Started Dehradun Plant for RAC manufacturing for LG

2004

- Dehradun Factory Unit - 4 established

2005-06

- Started manufacturing microwave ovens for LG

2008

- Started Noida Ecotech Unit

2007-08

- Started manufacturing heat exchangers

2009

- Dehradun Factory Unit – 5 was established

2010

- Kasna Unit, Kala Amb Unit and Pune Unit established

- Dehradun Factory Unit – 6 was established

2011

- Investment by Green India Venture Fund

2012

- Jhajjar Unit was established

- Investment by Reliance Alternative Investments Fund – Private Equity Fund Scheme – I; Acquisition of PICL

2017

- Investment by Ascent and exit to Reliance Alternative Investments Fund – Private Equity Fund Scheme – I through purchase by Ascent.

- Incorporation of new subsidiary, Appserve

- Acquisition of a new subsidiary, IL JIN


Awards and certifications received by the Company


2014

- ‘Cost Improvement Outstanding Performance Award’ from Panasonic for 2014.

- ‘Best ASCE Performance Award Year’ from LG Electronics for 2014.

- ‘Localization Support Excellence Award’ from Panasonic for 2013-2014.

2015

- ‘Best Development Support Award’ from Panasonic for 2014-2015.

- ‘Best Supplier Award for on-time Delivery’ in Strategic Business Partners Meet, 2015.

- ‘Best Supplier Award’ from Honeywell, 2015.

2016

- ‘Best of Best Performance Award’ from LG Electronics for 2015 and 2016.

- ‘Leadership Business Innovation Award’ from Panasonic for 2015-2016.

- ‘Best Infrastructure Improvement Award’ from LG Electronics for 2016.

- ‘Vendor Performance Excellence Award’ in finished goods category from Blue Star for 2015-2016.

2017

- ‘Best Support: Green Supply Chain’ from Godrej for 2016-2017.

- Gold award in relation to green company rating system from CII-Sohrabji Godrej Green Business Center in 2017.

- Certificate of appreciation from SML ISUZU in recognition of the performance in supply excellence.

- ‘Best Tooling Management Award for 2017’ from LG Electronics at LG Noida Annual Business Partners Meet


2018
-Amber Enterprises has acquired 70% Equity Share Capital of Ever Electronics Private Limited.

2019
-Amber Enterprises has acquired 80% equity share capital of Sidwal Refrigeration Industries Private Limited.

2021
-Company entered into the definitive agreements with Pasio India Private Limited ('Pasio') & acquired 73% stake in the equity share capital of Pasio.


2022
-Amber Received Best of Best Performance Award From LG - 2022.