CASTEXTECH

Amtek India Limited 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 throug

Amtek India Limited 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 into Amtek Auto Limited. The Company is being merged along with Ahmednagar Forgings Limited, Amtek Ring Gears Limited, Amtek Crankshafts India Limited and Amtek Castings India Limited into 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/corpo