Asia Investment Corporation has sold 20 lakh shares of Amtek India through the open market route. The shares were sold on an average price of Rs 101.01 valuing the transaction to Rs 20.20 crore.
Amtek India, the country’s largest iron casting company, is a majority owned subsidiary of Amtek Auto, the flagship company of the Amtek Group. The company has two plants located at Narasinghpur in Gurgaon and at Bhiwadi in Rajasthan and its registered office is situated at Old Manesar Road, Village Narsinghpur in Haryana.
