new delhi auto components maker amtek auto has said a joint board meeting of amtek auto metalyst forgings argl and castex technologies has approved the proposal for infusion of fresh capital by new investors in each of the four group companies the plan also envisages a broader corporate restructuring involving the consolidation of the domestic business and the ongoing asset monetisation to support the proposed plan it added the board of amtek auto ltd metalyst forgings ltd argl ltd and castex technologies ltd discussed the proposed investment of equity by overseas investors to take stake in each company and simultaneous proposed reduction and restructuring of the debt subject to the approval of lenders amtek auto said in a statement the investors will approach the lenders to implement the proposed comprehensive plan it said the plan will create an enterprise value ev reflecting the value of underlying assets potential cash flows and a judicious capital structure for the benefit of all the stakeholders in the company it added pti published on dec 1 2016 at 0919 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app amtek auto amtek auto limited argl ltd castex technologies argl homenewsauto financeamtek auto 3 units agree to equity infusions by new investors