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Amtek Auto News
This debt-laden firm just hit upper circuit on some good news
Fri, Apr 06, 2018
Amtek Auto is one of 12 large insolvency cases which the key lenders took to insolvency resolution process under the National Company Law Tribunal (NCLT).
Amtek Auto surges 5%; here's why stock hit upper circuit today
Thu, Mar 08, 2018
Shares of Amtek Auto rallied 5 per cent to hit its upper circuit on Thursday after Liberty House, part of Sanjeev Gupta's global industrial group GFG Alliance, on Wednesday said it has emerged as the successful highest bidder for Amtek Auto.
Claims worth Rs 3.13 lakh cr under insolvency proceedings
Mon, Jan 29, 2018
In June last year, the Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for resolution under the bankruptcy law.
As Lanco Infratech walks towards NPA resolution; other defaulters' shares gain
Tue, Jun 20, 2017
Lanco Infratech becomes the first company to be pushed towards insolvency for its bad loans.
Shares of these 12 companies plunge as banks begin meet to resolve NPA issue
Mon, Jun 19, 2017
RBI had asked bankers to bring the identified 12 defaulters before NCLT by the end of this month.