Amtek Auto

Amtek Auto News

NCLAT dismissed DVI plea over resolution plan for Amtek Auto

A three-member NCLAT bench also imposed a cost of Rs 1 lakh on the US-based hedge fund Deccan Value Investors…

April 17, 2021 9:56 pm

Mutual funds can limit redemption in crisis situations

The Securities and Exchange Board of India (Sebi) has directed that restrictions on redemptions from mutual funds may be imposed…

Updated: June 1, 2016 7:09 am

Amtek Auto in parleys with equity investors

The management of debt-laden auto-component maker Amtek Auto is in talks with financial investors to get equity investments into the…

Updated: June 1, 2016 12:21 am

Amtek Auto reports net loss of Rs.529 crore

Troubled auto-component maker Amtek Auto on Monday reported a net loss of Rs.528.7 crore for the quarter ending March, compared…

Updated: May 31, 2016 9:03 am

Sensex, Nifty at fresh 52-week highs; 5 stocks to bet on

Amtek Auto shares tank 11 per cent on Q3 results

Amtek Auto shares tanked as much as 11 per cent on Friday after the company reported net loss of Rs…

Updated: February 12, 2016 3:09 pm

Auto companies stocks gain on GST Bill passage; Maruti Suzuki, Hero MotoCorp to see price reduction

Amtek Auto pledges 71% stake in JMT Auto with IL&FS Trust Co

Troubled auto components maker Amtek Auto has pledged its entire stake of nearly 71 per cent in group firm JMT…

Updated: December 31, 2015 11:43 am

5 top stocks that remained in focus today: Dr Reddy’s, Bharat Forge, BHEL and more

BHEL share price closed 2.61 per cent up at Rs 168.95 after the Heavy Industries & Public Enterprises Minister Anant…

Updated: December 9, 2015 4:31 pm

Amtek Auto to slash workforce, combine several operations to cut costs

Amtek Auto has total workforce of 16,000 in India, which includes employees at its various subsidiary firms.

Updated: December 2, 2015 10:25 am

Amtek Auto to slash workforce, combine several operations to cut costs

Amtek Auto has total workforce of 16,000 in India, which includes employees at its various subsidiary firms.

Updated: March 20, 2016 8:52 pm

TAKE Solutions share price, sensex, nifty, nse, bse

Amtek Auto share price fall over 4% after posting net loss of Rs 987 cr

Amtek Auto share price fell as much as 5.62 per cent in the early trade on Monday after the company…

Updated: November 30, 2015 4:14 pm

Amtek Auto shares jump 12% on debt reduction plan

Amtek Auto shares jumped as much as 12 per cent in the morning trade on Tuesday after the company informed…

Updated: November 3, 2015 10:11 am

Amtek Auto ropes in Morgan Stanley as advisors to pare debt

Amtek group is understood to owe over Rs 26,000 crore to 32 banks, including State Bank of India, ICICI Bank,…

November 3, 2015 9:10 am

Amtek Auto seeks to sell German unit Tekfor: Sources

Amtek has appointed Morgan Stanley to organise the sale of the maker of driveline components formerly known as Neumayer Tekfor,…

October 29, 2015 9:24 am

Special audit report on Amtek Auto likely by next week: Bankers

Lenders to the crisis-ridden Amtek Auto will soon decide on a corrective action plan (CAP) based on a special audit…

October 25, 2015 3:39 pm

Amtek Auto pledges additional 4.37% in Castex Technologies

Debt-ridden Amtek Auto has pledged an additional 4.37 per cent stake in its subsidiary Castex Technologies towards short-term borrowing needs.

Updated: October 9, 2015 12:05 pm

JP Morgan gets unitholders nod to split funds with Amtek Auto exposure

J.P Morgan Asset Management Company (AMC) has received the approval from majority of their unitholders to segregate illiquid assets from…

Updated: September 28, 2015 4:50 pm

Amtek Auto shares decline 20% on bonds redemption default buzz

Amtek Auto shares fell as much as 19.9 per cent in the opening trade on Tuesday on media reports that…

Updated: September 22, 2015 4:11 pm

Stocks that made news today: Motherson Sumi, Amtek Auto and more

Amtek Auto shares plunged 11.46 per cent on reports that the company has missed payments on the Rs 800 crore…

Updated: September 22, 2015 5:21 pm

Amtek Auto delays bond repayments

With a clutch of lenders reportedly not having finalised a line of credit to Amtek Auto, the auto components player…

September 22, 2015 12:51 am

S&P cuts Amtek Global’s credit ratings on parent firm’s woes

Standard & Poor’s has cut the long term credit rating of Amtek Global, reflecting the “heightened liquidity risks” at its…

Updated: September 17, 2015 10:45 am

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Sebi widens probe into mutual funds’ distressed debt exposure

Amid rising concerns over mutual fund investors’ exposure to distressed corporate bonds, regulator Sebi has widened its probe and has…

September 15, 2015 9:51 pm

BSE Sensex, NSE Nifty, Stock market today

Amtek Auto shares gain over 13% on assets selling reports

Amtek Auto shares surged over 12 per cent in the early trade on Monday after the company informed BSE that…

Updated: September 14, 2015 4:10 pm

Lenders to Amtek Auto form JLF with Rs 6,500 crore loans in limbo

Lenders to Amtek Auto have formed a joint lenders’ forum (JLF) to formulate a corrective action plan (CAP) for its…

Updated: September 12, 2015 1:50 am

Lenders order special audit of Amtek Auto books

Lenders to the crisis-ridden Amtek Auto Group have decided to conduct a special audit of its books before taking a…

September 11, 2015 10:49 pm

Amtek Auto shares surge 75% after management clarifies on debt

Amtek Auto shares soared as much as 75 per cent intraday on Friday on reports that the company may look…

Updated: September 11, 2015 5:27 pm

Amtek Auto, Castex Technologies shares plunge on Sebi probe

Shares of Amtek Auto plunged 9 per cent, while that of its subsidiary Castex Technologies lost 5 per cent on…

Updated: September 10, 2015 4:29 pm

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

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

September 10, 2015 7:46 am

Amtek Auto’s subsidiary Castex Tech comes under Sebi lens

As a crisis continues at Amtek Auto, markets regulator Sebi has begun a probe into alleged share price manipulation at…

September 9, 2015 10:51 pm

Amtek Auto shares recover from day’s low, up around 4%

Amtek Auto shares extended their losses on Friday as the scrip slid as much as 18.8 per cent in the…

Updated: September 4, 2015 4:21 pm

Amtek Auto shares gain on value-buying

Amtek Auto shares made a strong comeback rising sharply by 15 per cent after suffering heavy losses in the last…

Updated: August 21, 2015 5:26 pm

Amtek Auto shares fall over 28% on debt worries

Amtek Auto shares crashed over 30 per cent in the early trade on Thursday on continuing worries over reports of…

Updated: August 20, 2015 4:54 pm

Orient Paper, Sunteck Realty among 67 stocks that hit fresh 52-week high on NSE today

Stocks that are in focus today: Sun Pharma, Amtek Auto and more

Shares of Amtek Auto crashed further 31.69 per cent and 37.47 per cent to Rs 60.90 and Rs 55.65 on…

Updated: August 20, 2015 10:30 am

Sensex ends over 300 points down on falling rupee, Chinese markets slide

Concerns over falling rupee amid weak global markets weighed down market sentiments as the key benchmark BSE Sensex and NSE…

Updated: August 20, 2015 5:12 pm

Amtek Auto shares nosedived over 30% on NSE

Amtek Auto shares nosedived over 30 per cent on the National Stock Exchange after the exchange on August 18 announced…

August 19, 2015 4:54 pm

ONGC, Hindalco among stocks that hit 52-week low on NSE

Around 18 stocks on the National Stock Exchange reported a fresh 52-week low on Tuesday.

August 18, 2015 4:44 pm

Amtek Auto to acquire firms in Europe, South East Asia

Amtek Auto will acquire two Europe-based and one South East Asia-based auto as well as non-auto component makers.

Updated: November 25, 2014 10:36 am

KKR to extend 235-m euros credit to Amtek’s Singapore arm

Global investment firm KKR on Monday announced it will provide long-term financing…

Updated: November 11, 2014 1:27 am

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