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AMTEK AUTO NEWS

Whistleblower accuses Amtek Auto promoters of Rs 12,000-crore fraud

May 26, 2022 10:51 am

The May 23 complaint names 27 employees of the Amtek Group who were allegedly used by the Dham family to create a ‘benami’ structure in order to move, park and siphon off funds.

Supreme Court allows Amtek Auto RP to invite fresh bids

September 25, 2019 3:14 am

Tuesday’s order saved the auto components manufacturer from liquidation after no resolution was found within the 270-day deadline, after UK-based Liberty House — the successful bidder — backed out citing technical reasons.

Amtek Auto: Banks move NCLT against Liberty House

December 07, 2018 2:31 am

Delhi-based Amtek Auto’s insolvency resolution process was initiated by Corporation Bank.

Insolvency and Bankruptcy Code: NCLT okays Liberty House plan to acquire Amtek Auto

July 26, 2018 3:15 am

The RBI, had on June 13, asked banks to refer 12 troubled companies — with a combined debt of close to Rs 2.4 lakh crore — to NCLT, following several failed attempts at loan recovery.

Amtek Auto shares, Sebi, Amtek Auto audit, JLF, Business news

Non-redressal of investor issues: Sebi fines Amtek Auto

December 30, 2015 1:22 am

Sebi has directed Amtek Auto to deposit the fine within 45 days from the date of its order.

JP Morgan bought Amtek Auto’s ‘risky’ bonds from Axis Bank

September 10, 2015 2:42 am

Both funds of the firm had no exposure to money market bonds of Amtek Auto till December 2014.

Large corporate investors seek legal action against JP Morgan AMC

September 05, 2015 2:49 am

A market expert close to the development said that three corporate houses made a hurried exit on Wednesday and liquidated their holdings from JP Morgan Short Term Income Fund and India Treasury Fund.

Amtek Auto to pick up stake in Germany's Neumayer Tekfor

March 11, 2013 6:42 pm

The turnover of the acquired business is around Euro 500 million.

Amtek India open offer date revised

July 22, 2010 6:05 pm

The open offer for shares in Amtek India made by group firm Amtek Auto will not begin on July 23.

Amtek Auto on way to buyout Amtek India

May 28, 2010 5:18 pm

Amtek Auto today said it has acquired 26.25 per cent stake in Amtek India Ltd at an average price of Rs 68 per share through several open market transactions.