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AMTEK GROUP COMPANIES
SC grants bail to former Amtek Group chairman Arvind Dham in Rs 2,700-crore bank fraud caseThe Supreme Court has granted bail to former Amtek Group chairman Arvind Dham in a Rs 2,700-crore bank fraud case. Previously, the Delhi Hi...
Delhi High Court denies bail to former Amtek Chairman Arvind Dham in Rs 2,700 crore bank fraud caseThe Delhi High Court denied Arvind Dham, former Amtek Group chairman, regular bail in a Rs 2,700-crore bank fraud case. Previously, the Sup...
Amtek ex-boss Arvind Dham's interim bail plea dismissed by SC in Rs 2,700-crore fraud caseThe Supreme Court denied interim bail to Arvind Dham, former chairman of Amtek Group, in a Rs 2,700-crore bank fraud case, citing abuse of ...
Delhi HC seeks response from ED on Amtek Group former chairman Arvind Dham's bail pleaThe Delhi High Court has sought a response from the Enforcement Directorate on former Amtek Group chairman Arvind Dham's plea for bail on m...
ED arrests company promoter in Rs 25,000 cr bank loan fraudThe Enforcement Directorate has arrested the director of an automotive equipment manufacturing company in connection to a Rs 25,000-crore b...
Amtek Auto sells its SMI JV stake to Nippon Steel and Sumitomo Metal CorpAmtek Auto is one of the 12 large insolvency cases which are undergoing insolvency resolution process with the National Company Law Tribuna...
Amtek Auto hits 5% upper circuit limit on UK plants' saleHit by exceptional inventory losses, the auto component maker reported a standalone loss to Rs 889.58 crore for the first quarter.
DA Capital, SSG Capital Management eye stake in four Amtek Group entitiesThe consortium led by IDBI and other banks has decided to conduct an auction this week to find a suitable buyer. IDBI Capital and SBI Capit...
Amtek climbs 2%, JMT slips 5% as Amtek pledges 71% stake in group co to ITCLShares of Amtek Auto gained about 2 per cent on the BSE in Thursday's trade after the auto component maker pledged its entire stake of near...
Amtek Auto pledges 71% stake in JMT Auto with IL&FS Trust CompanyAmtek Auto has pledged 18,07,06,100 shares of JMT Auto, constituting 71.73 per cent stake, with the ITCL on December 29.
Management commentary arrests fall in Amtek Auto; stock ralliesAs per the report, the group debt stood at Rs 15,073 crore and interest payment has surged by 43% on a sequential basis.
Crisis Call: Amtek auto admits ‘temporary cash flow mismatch’The group companies have lost nearly one-third of their market capitalisation (about Rs 4,300 crore) since the start of August.
Amtek Auto slumps 43%, loses two-third of mcap in 4 daysThe stock fell 43.03% to hit its intraday low of Rs 50.70. This was in addition to 36.36% plunge the stock witnessed yesterday.
Shares of Amtek Group Companies plunge after removal from F&O segmentShares of the debt-laden Amtek group companies tanked on Wednesday after flagship Amtek Auto was removed from the F&O segment.
Amtek to acquire casting & forging business of Asahi Tec, say reportsAmtek Auto expected to announce as early as this week a deal to buy the iron casting, forging and machining business of Asahi Tec Corporati...
Amtek Auto rallies over 8% on acquisition plans in GermanyAmtek Auto Ltd surged as much as 8.2% in trade on Tuesday, after media reports suggested that co is all set to acquire Scholz Edelstahl Gmb...
Amtek Auto plans to acquire German forging manufacturer Scholz Edelstahl: SourcesAmtek Auto, one of India’s largest auto component makers, is all set to acquire Scholz Edelstahl GmbH of Germany, according to multiple peo...
Amtek Auto rallies over 5% on reports of acquisition plansAmtek Auto rallied as soon as 5.03% in trade on Tuesday, after the auto component maker Amtek Auto is close to acquiring three foreign cos.
Amtek India completes purchase of Kuepper groupAmtek has completed its purchase of Germany-based Kuepper Group in a EUR 50 mn all-cash deal, making the Amtek Group one of the top three g...
Amtek Auto rallies over 12% on acquisition of Kuepper group of companiesAmtek Auto signed an agreement to buy Germany's Kuepper group of companies for about 200 million euros in its second big European acquisiti...