Amtek Auto sells stake in JV to Nippon Steel, Sumitomo Metal
AAL sells its entire 50% stake in the JV
India-headquartered Amtek Auto Limited (AAL) has signed a share purchase agreement to sell its 50% stake in the joint venture SMI Amtek Crankshaft to Nippon Steel and Sumitomo Metal Corporation (NSSMC), AAL announced in a regulatory filing on Bombay Stock Exchange (BSE) on 18 April.
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