Amtek Auto has entered and executed share purchase agreement (SPA) with the promoters of JMT Auto for acquisition of substantial shares along with complete control and management of JMT Auto, a company listed on Bombay Stock Exchange and National Stock Exchange of India. The transaction closing is subject to fulfillment of certain conditions as specified in the SPA.
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. JMT Auto is engaged in the business of Auto Parts & Equipments etc.
