Amtek Auto is a key supplier to leading auto manufacturers such as Maruti Suzuki and Tata Motors.

The three companies have combined dues of about Rs 22,300 crore.

Amtex Auto was also admitted to bankruptcy court following the RBI’s directions.

"The Board of Amtek Auto Ltd, Metalyst Forgings Ltd, ARGL Ltd and Castex Technologies Ltd discussed the proposed investment of equity by ov...

The funds include Pine River Asia Master Fund, a fund of Highbridge, Arrowgrass Master Fund, a French Bank, Northwest Fund and Northwest Wa...

Castex Tech had issued $130 million worth of FCCBs in April 2012 followed by an issue of $70 million in September 2012.

Troubled auto component maker Amtek Auto Ltd today appointed Morgan Stanley as advisors to assist in its debt reduction plan.

The stock surged 74.84 per cent to hit an intraday high of Rs 53.15, before settling at Rs 46.70 post Amtek MD's clarification on rigging c...

The Sebi is examining the trading details of Castex after some of the bond holders of the company alleged price manipulation of the stock.

Castex shares have now declined for 43 consecutive sessions, tanking as much as 89 per cent since July 13.

Amtek Auto plunged nearly 9%, while group stock Castex Tech (erstwhile Amtek India) hit its daily lower circuit limit in trade.

Shares of Amtek Auto tumbled over 13% in trade amid fears that the company would default on its debt payment maturing next month.

With Thursday’s losses, the auto component maker's stock has seen a 80 per cent erosion in its market capitalisation in the past one month.

The group companies have lost nearly one-third of their market capitalisation (about Rs 4,300 crore) since the start of August.

Shares of the debt-laden Amtek group companies tanked on Wednesday after flagship Amtek Auto was removed from the F&O segment.

After falling 12 per cent in the previous session, shares of Amtek Auto managed to bounce back and rose nearly 7 per cent.

Castex Technologies, in which Amtek Auto holds 71.2 per cent equity, makes iron casting and machining part used in the auto industry.