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Home Articles Amtek Auto pledges 71% stake in JMT Auto

Amtek Auto pledges 71% stake in JMT Auto

Amtek Auto has pledged its entire stake of nearly 71 per cent in group firm JMT Auto with IL&FS

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Last updated: March 20, 2024
by and Alex Morrell is a senior correspondent at Business Insider covering Wall Street at large.

Trust Company (ITCL). The Jamshedpur-headquartered JMT Auto manufactures over 2,000 different

components ranging from engine components, gears, shafts, pins, bushes, gear rings, axles among

others. It has seven manufacturing facilities spread across locations such as Jamshedpur,

Dharwad and Lucknow.

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