Amber Enterprises India Limited (?JV' Agreement?) to enter into 50:50 joint venture, to carry on the Business of manufacturing of fully automatic top loading and front-loading washing machine(s). This Joint Venture will facilitate both the companies to cater with the evolving customer needs, deliver high quality products, and develop the local manufacturing ecosystem in India. Acquisition of 50% stake in share capital of Resojet is estimated to be completed on or before 31 May 2024, g), Consideration - whether cash consideration or share swap or any other form and details of the same; Cash Consideration by way of fresh equity infusion in the JV Company., h), cost of acquisition and/or the price at which the shares are acquired; Amber, will invest INR 35 million in Resojet to acquire 50% stake in the JV Company, subject to completion of Condition Precedent as per the definitive agreements., Percentage of shareholding /control acquired and /or number of shares acquired., Both Amber and LCGC Resolute Appliances LLP will have equal control in Resojet., j), brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief); Resojet is an existing company within the meaning of the Companies Act, 2013 carrying on the business as mentioned above.