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METALYSTS FORGINGS
NCLT okays Metalysts Forgings' acquisition by Deccan value-led group"It (resolution plan) shall be binding on the corporate debtor (Metalysts Forgings), its employees, members, and creditors, including the c...- Resolution winner is bound by plan, SC rules in Metalyst Forgings caseThe Supreme Court overturned orders from a bankruptcy court and an appellate tribunal allowing the successful resolution applicant, Deccan ...
- Stock market update: Stocks that hit 52-week lows on NSEAsian Paints, HCL Tech, Wipro, Power Grid and Infosys were among the top losers on NSE.
- 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...
- 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.
- 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.
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