AMTEKAUTO

Amtek Auto Limited has informed the Exchange regarding the "Restructing of Overseas business".

Amtek Auto Ltd has informed the Exchange that "Amtek Auto Ltd. enter into Joint Venture with FormTech Industries LLC". 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_JV_13082008.zip target=NEW> For more details click here.</a>

Amtek Auto Ltd has informed the Exchange that "Amtek Auto Limited has inked a strategically important 50:50 Joint Venture with VCST Industrial Products bvba of Belgium with headquarters in Sint Truiden, Belgium to set up a state of the art manufacturing facility for powertrain components in India. The JV will primarily focus on the manufacture of gears and shafts for automotive on- and off- road applications. VCST is a leading designer and supplier of engine, driveline and technology components and one of the most reputed manufacturers of engine and transmission gears and transmission shafts

Amtek Auto Ltd has informed the Exchange that the Company has inked a strategically important 50:50 joint venture with a large Canadian blue chip Magna Powertrain for establishing a manufacturing facility outside Delhi, India for 2-Piece Flex Plate Assemblies for Automotive applications. Manufacturing operations of the joint venture are expected to commence late in 2007. The joint venture will initially export FlexPlate Assemblies entirely to European markets, with productions to follow for the Indians markets. FlexPlate Assemblies are used in automobiles with automatic transmission systems.

Amtek Auto Ltd has informed the Exchange that the Company has inked a strategically important joint venture with a large German blue-chip Neumayer Tekfor GmbH for the manufacture of high precision fractured piston connecting rod assemblies and modules in India. Further 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/CorporateAnnouncements).