Amtek Auto has informed that the Allotment Committee of the Board of Directors of the Company in their meeting held on 31st March, 2017, has allotted 23,500,000 Equity Shares of face value of Rs 2 each at a price of Rs 50 per share including premium of Rs 48 per share, aggregating to Rs 1,175,000,000 to Aisa International and Amtek Laboratories, the Promoter Group Companies, by way of Preferential Allotment.
The above information is a part of company’s filings submitted to BSE.