Amtek Auto Limited Announces Impairment for the Quarter Ended 31 March 2020

Amtek Auto Limited is an integrated component manufacturer. The Company is engaged in forging, grey and ductile iron casting, gravity and high-pressure aluminum die casting, and machining and sub-assembly. The Company's businesses include automotive and joint ventures. Its automotive business includes forging division, cold forging division, iron casting division, aluminum casting division and automotive machining division. The Company's product portfolio includes flywheel ring gears, starter ring gear, flywheel assemblies, steering knuckles, ladder frames, hubs, spindles, connecting rods, crankshaft, housings, steering levers, gear shifter forks, propeller fork shafts, front axle beam, transmission cases, timing chain covers, mounting brackets, transmission housings, trumpet casings, intake and exhaust manifolds, turbo charger, and flywheels and flywheel housings. It has facilities across India, Japan, Thailand, Germany, Hungary, Italy and Romania, among others.