The liquidation value of its assets was determined at Rs 4,119 crore. Bhushan Steel and Jaiprakash Industries too had enjoyed high ratings before plunging to default. The Company is engaged in forging, grey and ductile iron casting, gravity and high-pressure aluminum die casting, and machining and sub-assembly. The jinxed over-three-year-old insolvency proceedings against Amtek Auto seems to be headed for liquidation for the second time as the successful bidder, Deccan Value … Get the latest Amtek auto news, videos and headlines. Get detailed Amtek Auto Ltd. stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Amtek Auto Ltd. share price live updates on The Economic Times. Breaking news, financial results, patterns analysis and live discussions The Chandigarh bench of the National Company Law Tribunal (NCLT) on Thursday approved Deccan Value Investors’ bid for Amtek Auto. CARE Ratings which suspended the rating last month is seen by many as bolting after the horse has fled. Read more about Amtek Auto heads for liquidation; NCLAT clears the way for the process on Business Standard. Latest Amtek Auto Ltd News and Updates, Special Reports, Videos & Photos of Amtek Auto Ltd on The Hindu BusinessLine. In the year 1997, the company made a joint venture (JV) agreement with Benda Kogyo Japan and formed Benda Amtek Ltd at Gurgaon for manufacturing Flywheel Ring Gears. Amtek Auto Limited Share Price Today, Live NSE Stock Price: Get the latest Amtek Auto Limited news, company updates, quotes, offers, annual financial reports, graph, volumes, 52 week high low, buy sell tips, balance sheet, historical charts, market performance, capitalisation, dividends, volume, profit and loss account, research, results and more details at NSE India. Check out why Amtek Auto Ltd. share price is today. Business Standard News: Bulk/Block Deals: Amtek Auto (AMTEKAUTO) - Business Standard News and more from Business Standard News | Page 1 Wait for Amtek Auto resolution may get longer over mortgaged property Bone of contention is long-term lease of ACE Complex Land. Amtek Auto Ltd Indian stock market live news, announcements and analysis updates on Amtek Auto Ltd. Amtek Auto was one of the 12 major nonperforming accounts that RBI had listed for immediate resolution under the Insolvency & Bankruptcy Code in June 2017. View the latest Amtek Auto Ltd. (AMTEKAUTO) stock price, news, historical charts, analyst ratings and financial information from WSJ. Find Amtek Auto Shares Latest News, Videos & Pictures on Amtek Auto Shares and see latest updates, news, information from NDTV.COM. Topics Amtek Auto | Amtek Auto case. ETAuto.com brings latest amtek news, views and updates from all top sources for the Indian Auto industry. For Immediate Release June 01, 2013 Amtek Auto completes the acquisition of Neumayer Tekfor Group Launches one of the world's largest global... | November 8, 2020 Click here to join our channel (@indianexpress) and stay updated with the latest headlines. “We are not inclined to give any direction or exclude any period for fresh resolution plan,” said the two-member bench led by Justice SJ Mukhopadhaya on Friday. Explore more on Amtek Auto Debt. KOLKATA: The Amtek Auto saga yet again exposes the limitations of rating companies in warning debt investors against a possible default. Shares of Amtek Auto surged 13 percent Monday as promoters infused Rs 75 crore in the company and on news that it is considering selling non-core business, minority stake in overseas firm and some industrial real estate assets within the business to overcome the financial crisis. Explore more on Amtek Auto Shares. Amtek Auto's total debt stands at Rs 12,603 crore, liquidation value of … Amtek Auto was among the first list of 12 companies which were referred by the RBI in 2017 to respective banks for initiation of insolvency process for defaults. Amtek Auto: Get all the Latest News, Pictures, Videos and Special Report about Amtek Auto by mint. Amtek Auto saw a lot of enthusiasm in the stock movement on Friday, November 20, for some time before closing at Rs 44.60 (down by 0.34 percent). Ishita Ayan Dutt | Kolkata Last Updated at August 27, 2020 22:17 IST. Amtek Auto News and Announcements/notices, Live Amtek Auto corporate announcement on Deals, Bonus, Rights, Stock Splits, Dividends, Board Meetings, Quarterly Results on Moneycontrol. Amtek Auto rises 14% on buy back news Automotive component manufacturer Amtek Auto aimed to buy back equity shares at maximum price of Rs 200/share. The Indian Express is now on Telegram. In the year 1993, the company initiated forging operations at Gurgaon, India. AMTEK AUTO LIMITED : News, information and stories for AMTEK AUTO LIMITED | NSE India Stock Exchange: AMTEKAUTO | NSE India Stock Exchange In the year 1996, they established a Machining unit at Gurgaon. Get latest Amtek Auto News/Updates and Results/Analysis. The Company's businesses include automotive and joint ventures. Amtek Auto shares continue to rally; surge 13%. Amtek Auto Ltd was incorporated in the year 1988. Amtek Auto's loss widened sharply to Rs 889.6 crore in the quarter ended June 2017, from Rs 319.7 crore in year-ago quarter, hit by lower revenue and exceptional inventory loss. Explore more for Amtek auto breaking news, opinions, special reports and more on mint. Resolution applicant has moved NCLAT, which is likely to start hearing on Thursday against NCLT order . Amtek Auto Limited is an integrated component manufacturer. Get all latest & breaking news on Amtek Auto. Amtek Auto has a debt of Rs 12,603 crore and was among the first list of 12 companies that the Reserve Bank of India had asked banks to take action against. Amtek Auto Latest breaking news, pictures, photos and Video News. Find Amtek Auto news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. Amtek Auto Ltd Share Price- Get Amtek Auto Ltd Stock/Share prices. Watch videos, top stories and articles on Amtek Auto at moneycontrol.com. AMTEK AUTO LIMITED : Financial news and information Stock AMTEK AUTO LIMITED | NSE India Stock Exchange: AMTEKAUTO | NSE India Stock Exchange Articles on Amtek Auto Ltd, Complete Coverage on Amtek Auto Ltd Find Amtek Auto Debt Latest News, Videos & Pictures on Amtek Auto Debt and see latest updates, news, information from NDTV.COM. ETAuto.com brings latest amtek group news, views and updates from all top sources for the Indian Auto industry. 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