Amtek Auto has sold 746,124 equity shares representing 5% of total paid up equity share capital of its subsidiary, Amtek Crankshafts (India) to a Foreign Investor at a price of Rs 300 per equity shares aggregating to Rs 22.38 crore.
Amtek Auto is engaged in manufacturing of various automotive machined and forged components such as case extensions, crankshaft assemblies, gear pinions, pivot arm, connecting rod assemblies etc.