<ul data-eligibleForWebStory="false"><li>Amber Enterprises India Ltd. plans to raise up to Rs 2,500 crore, subject to shareholder approval at the upcoming AGM.</li><li>This fundraise would be the second one for the room air conditioner maker, with the previous one in 2020 amounting to Rs 400 crore through qualified institutional placement.</li><li>The purpose of the fundraise includes capital expenditure for long-term growth, supporting subsidiaries, debt repayment, and strategic investments.</li><li>Brokerages like CLSA and Jefferies have shown confidence in Amber Enterprises, with stock upgrades and positive ratings, despite minor adjustments in target prices.</li></ul>

Amber Enterprises Board To Consider Raising Rs 2,500 Crore

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