Looking to Reduce Debt to the Tune of $1 Billion: Amtek Auto
John Flintham, vice chairman & global CEO of Amtek Auto, told NDTV that the Amtek Auto is planning to sell non-core assets, surplus industrial land and 25-40 per cent of its overseas assets to reduce debt to the tune of $1 billion dollar. The promoters of the company may infuse further equity to the company if required, said Mr Flintham.
