After Committee of Creditors Approves Resolution Plan of Liberty House Amtek Auto Went Up by 5%

April 7, 2018

On Friday, the share price of Amtek Auto was locked at 5 percent upper circuit at Rs 22.25.  this was observed when the Committee of Creditors approved resolution plan submitted by Liberty House. The liberty House is the part of Sanjeev Gupta’s global industrial group GFG Alliance.

On Thursday, the auto ancillary company informed exchanges that the Committee of Creditors of Amtek Auto has approved the resolution plan submitted by Liberty House Group Pvt Ltd. through e-voting process.

During April 4-5, the e-voting process was held. This was held after the meeting of Committee of Creditors was held on Monday, April 2.

On the BSE, at 14:12 hours IST, there were pending buy orders of 284,489 shares, with no sellers available.

 

About Neha Singh

I am a content writer at Money Classic Research. I am first a Fashionista and then a writer. Born and brought up in the heart of India. I am better known for my creativity and passionate nature. I have expertly written content for magazines as well as for blogs.
By: Neha Singh

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