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ABOUT THE ISSUE

Incorporated on April 2, 1990, Amber Enterprises India Limited (“Amber Enterprises”) is the market leader in the Room Air Conditioner (“RAC”) Original Equipment manufacturer (“OEM”) /Original Design Manufacturer (“ODM”) (“RAC OEM/ODM”) industry in India with a market share of 55.4% in terms of volume in Fiscal 2017. Amber Enterprises is a one-stop solutions provider for the major brands in the RAC industry and currently serve 8 out of the 10 top RAC brands in India. Company’s key customers include leading RAC brands such as Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool.