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To save Amtek from debt distress, company looks at selling own assets

To save Amtek from debt distress, company looks at selling own assets

Wednesday, March 15, 2017, 12:33 PM

Auto parts maker Amtek Auto is facing a tough challenge of reducing debts on its books. In hopes to solve this problem, company’s Chairman and founder Arvind Dham is looking at the option of selling assets owned by him, reports Mint. According to sources privy to the matter, Dham is looking at the option of selling Indraprastha Engine Parts Pvt. Ltd (IEPPL).
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