Stock market update: Stocks that hit 52-week lows on NSEHindalco, Tata Motors, Titan Company, Grasim Inds. and Tata Steel were among the top losers on NSE.
Stock market update: Stocks that hit 52-week lows on NSEApollo Hospital, Divis Labs, Maruti Suzuki, M&M and Tech Mahindra were among the top losers on NSE.
NCLT orders freezing of assets of Arvind Dham, Metalyst ex-directorsThe order was in response to a petition filed by the ministry of corporate affairs against the bankrupt group.
MCA moves NCLT to freeze all assets of Metalyst Forgings former promotersIn December 2017, the company was admitted under the Corporate Insolvency Resolution Process in a petition filed by the State Bank of India...
NCLT calls for Metalyst Forgings rebidDeccan Value says its plan ‘vitiated’ as ‘incorrect info’ on asset was shared.
Sebi imposes Rs 15 lakh fine on Castex, Metalyst for disclosure lapsesMetalyst Forgings Ltd was the promoter of Castex Technologies Ltd at the the time of violation.
NCLT rejects Deccan Value Investors’ plea against resolution professional of metalyst forgingsNCLT called the plea “malafide” and meant to intentionally delay the approval of its resolution plan by the tribunal.
DVI seeks to withdraw offer for Metalyst ForgingsDVI now wants to withdraw the proposal, claiming discrepancies in the information shared with the company and what existed on ground. Metal...
Patanjali keen on buying Ruchi Soya as Adani Wilmar pulls out of dealRuchi Soya owes Rs 9,405 crore to lenders and Rs 1,248 crore to operational creditors.
Liberty House told to withdraw plan for Amtek Auto subsidiaryIn a strongly worded order, the tribunal questioned the group’s bona fides, further highlighting its problems in establishing its credentia...
DVI wants NCLT to cancel Metalyst resolution planUS firm says the plan is not feasible due to ‘misrepresentation of facts & no consensus’
Amtek Auto, subsidiaries hit upper circuit; here’s whyAmtek Auto is a key supplier to leading auto manufacturers such as Maruti Suzuki and Tata Motors.
RP for Amtek’s subsidiaries sets rules for biddersThe three companies have combined dues of about Rs 22,300 crore.
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 Auto, 3 units agree to equity infusions by new investors"The Board of Amtek Auto Ltd, Metalyst Forgings Ltd, ARGL Ltd and Castex Technologies Ltd discussed the proposed investment of equity by ov...
Amtek Auto nosedives 37% to hit 2001 lows, sees 82% mcap erosion in 1 monthWith 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.
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.