Amtek Auto has reportedly acquired 13.23 lakh shares of JMT Auto through the open market route. The shares were purchased on an average price of Rs 148.70 valuing the transaction to Rs 19.68 crore. On the other hand, Rajeev Singh Duggal has sold 13.10 lakh shares of JMT Auto at Rs 148.70 through the open market route.
JMT Auto is one of the leading Auto component manufacturers in Eastern region. The company had identified Transmission Components as its key business area and acquired core competency in manufacturing products.
