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Amtek Auto Ltd. - Clarifies on News Item

By Religare

With reference to the news appeared in Economic Times & ETNOW on September 21, 2015 captioned "Amtek said to be in refinance talks as bond payment deadline expires", Amtek Auto Ltd has Clarified to BSE as under:

"We wish to clarify that the Company is in advanced discussions with various Banks and Financial Institutions for re-alignment of its debt obligations.

We assure that, if any, positive development takes place, the same will be intimated to the exchange as per the requirement of the listing agreement.

We are not aware of any information that has not been announced to the exchanges which could explain movement of price."

Story first published: Tuesday, September 22, 2015, 23:00 [IST]
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