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21 investors in fray for Amtek Auto stake

Founder Arvind Dham and his family own a 52.4% stake in the company

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Last Updated : Jun 21 2017 | 2:06 AM IST

Bain Capital, TPG Capital, DA Capital, and Piramal Enterprises are in the fray to buy a stake in the debt-ridden Amtek Auto.

The Delhi-headquartered automobile component maker has received expressions of interest (EoIs) from 21 investors, including asset reconstruction companies.

A stake sale is one of the options for Amtek Auto’s promoters to bring down the company’s Rs 13,000-crore debt. Founder Arvind Dham and his family own a 52.4 per cent stake in the company.