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. Check out why Amtek Auto Ltd. share price is today. Amtek Auto Ltd was incorporated in the year 1988. ETAuto.com brings latest amtek group news, views and updates from all top sources for the Indian Auto industry. KOLKATA: The Amtek Auto saga yet again exposes the limitations of rating companies in warning debt investors against a possible default. The liquidation value of its assets was determined at Rs 4,119 crore. 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. Amtek Auto's total debt stands at Rs 12,603 crore, liquidation value of … 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. In the year 1996, they established a Machining unit at Gurgaon. Ishita Ayan Dutt | Kolkata Last Updated at August 27, 2020 22:17 IST. Get latest Amtek Auto News/Updates and Results/Analysis. Find Amtek Auto Shares Latest News, Videos & Pictures on Amtek Auto Shares and see latest updates, news, information from NDTV.COM. CARE Ratings which suspended the rating last month is seen by many as bolting after the horse has fled. Amtek Auto: Get all the Latest News, Pictures, Videos and Special Report about Amtek Auto by mint. 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. Latest Amtek Auto Ltd News and Updates, Special Reports, Videos & Photos of Amtek Auto Ltd on The Hindu BusinessLine. ETAuto.com brings latest amtek news, views and updates from all top sources for the Indian Auto industry. The Indian Express is now on Telegram. Amtek Auto Ltd. share price live updates on The Economic Times. Explore more for Amtek auto breaking news, opinions, special reports and more on mint. The Chandigarh bench of the National Company Law Tribunal (NCLT) on Thursday approved Deccan Value Investors’ bid for Amtek Auto. Find Amtek Auto news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. Watch videos, top stories and articles on Amtek Auto at moneycontrol.com. 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 Bhushan Steel and Jaiprakash Industries too had enjoyed high ratings before plunging to default. “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. Amtek Auto Limited is an integrated component manufacturer. 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