Reacting to this, shares of the company tumbled 19.94 per cent to Rs 41.55 on BSE.
On NSE, the stock tanked 19.96 per cent to Rs 41.50.
The auto component maker, which was to redeem the five- year bonds, did not make the payments, the reports added.
Meanwhile, BSE has sought clarification from Amtek Auto on the matter.
The company had last month informed stock exchanges about a temporary cash flow mismatch.
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