Amtek Auto ropes in Morgan Stanley as advisors to pare debt
In a regulatory filing, the firm said it was considering various options, including a minority stake sale of up to 25-40 percent in its overseas business.
Nov 02, 2015, 20:01 PM ISTAmtek hasn't approached us for new loans yet: Lenders
Even as cash-crunch hit Amtek Auto informed exchanges that it's in advanced talks with banks for fresh funds to repay its Rs 800 crore debt, lenders Tuesday denied any such discussions and said they've serious reservation about further lending to the auto component maker.
Sep 22, 2015, 23:01 PM IST