ALSO READMetalyst Forgings to hold board meeting Metalyst Forgings to hold AGM Amtek board to meet next week to consider equity infusion Metalyst Forgings reports standalone net loss of Rs 230.75 crore in the March 2016 quarter Metalyst Forgings reports standalone net loss of Rs 65.10 crore in the June 2016 quarter
On 30 November 2016Metalyst Forgings announced that a meeting of the Board of Directors of the Company will be held on 30 November 2016, to consider the proposal of infusion of fresh equity by the new investors and restructuring of the Company as proposed by investors.
Simultaneously, a joint meeting of Board of Directors of Amtek Auto, Metalyst Forgings, Castex Technologies and ARGL is also being convened to discuss the outcome of the individual Board Meeting and deliberate on the infusion of fresh equity by the new investors and restructuring as proposed by investors.
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