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Amtek Group shares extend rally ahead of board meet

Metalyst Forgings, Castex Technologies and Amtek Auto rallied between 18% and 37% in past two trading session.

SI Reporter  |  Mumbai 

Shares of Amtek Group companies Metalyst Forgings, Castex Technologies and Amtek Auto have rallied by up to 17% in intra-day trade on BSE ahead of board meeting on Wednesday to consider the proposal of infusion of fresh equity by the new investors and restructuring of these companies as proposed by investors. The board of directors of Amtek Group companies will meet on November 30, 2016, to consider the proposal of infusion of fresh equity by the new investors and restructuring of the company as proposed by investors. A joint meeting of board of directors of Amtek Auto, ...

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First Published: Mon, November 28 2016. 14:18 IST
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