AMTEKAUTO

Amtek Auto Limited has informed the Exchange regarding Acquisition of majority stake in Amtek India Limited.

Amtek Auto Ltd has informed the Exchange that "As per the order of Hon'ble High Court of Punjab & Haryana the Scheme of Arrangement of Amtek India Limited, Ahmednagar Forgings Limited, Amtek Ring Gears Limited, Amtek Crankshafts India Limited and Amtek Casting India Limited with Amtek Auto Limited has been dismissed on account of changed circumstances as regards valuation of shares and decline in turnover and profits. The Court held that it would be impermissible to order the scheme proposed on the basis of valuation of shares of the year 2007. The appropriate remedy could only be through a fr

Amtek Auto Ltd has informed the Exchange that the Board of Directors of the Company in its meeting today (i.e. July 31, 2008) have approved the merger of Amtek India Limited, Ahmednagar Forgings Limited, Amtek Ring Gears Limited, Amtek Crankshafts India Limited, Amtek Castings India Limited with Amtek Auto Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AAL-MERGER-NSE.zip target=NEW> For more details click here.</a>

Amtek Auto Ltd has informed the Exchange that: "Amtek Auto Limited has acquired one of the largest automotive precision machining companies M/s Triplex - Ketlon Group, which was also Amtek's strongest competitor running close to 185 different machining lines and a multi-location presence in the UK. Triplex-Ketlon manufacturing facilities are located in Paddock Wood, Stratford-upon-Avon and Hereford all in UK". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcemen

Amtek Auto Ltd has informed the Exchange that the Company has acquired the entire assets of U.K. based J L French's (Witham) Limited, a company engaged in the business of manufacturing of HPDC Aluminium for automotive application. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AmtekAuto_Acquisition.zip target=NEW> For more details click here.</a>

Amtek Auto Ltd has informed the Exchange that Amtek Investment U.K. Limited, a 100% U.K. based subsidiary of Amtek Auto Limited, has acquired the remaining 11.60% share capital of its subsidiary GWK Amtek Limited. With this acquisition, the stake of Amtek Investments U.K. Limited in GWK Amtek Limited has increased to 100%.

Amtek Auto Ltd has informed the Exchange that the Company has inked purchase agreements with the owners of M/s Zelter GmbH. Zelter GmbH has been acquired through a wholly owned subsidiary of Amtek Auto Limited in Germany, namely Amtek Deutschland GmbH. The acquired entity has been valued at approximately Euro 28 million. Further details shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).