The committee of Amtek India has allotted 91,405 equity shares at Rs 120.12 per share upon the conversion of FCCB's of $0.25 million.
These shares were allotted at the committee meeting held on 20 October 2007.
Amtek India’s net profit moved up 101.94% to Rs 35.40 crore on 71.16% growth in net sales to Rs 214.05 in Q1 June 2007 over Q1 June 2006.
Amtek India is engaged in manufacturing automotive components with a special focus of manufacturing a variety of iron castings. It has two manufacturing units located at Gurgaon in Haryana and Bhiwadi in Rajasthan.
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