# Steel Strips Wheels to invest Rs 138 crore in AMW Autocomponent

Steel Strips Wheels Ltd (SSWL) will invest Rs 138.15 crore into AMW Autocomponent Ltd (AACL) as part of a resolution plan approved by the NCLT. The investment will be made through a combination of equity and debt.

- Type: Investment
- Announced: 2024-01-10
- Where: India
- Value: $1.66M (138.2M INR)
- Status: announced
- Products: automotive wheels, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [AMW Autocomponent Ltd](https://endata.com/companies/74883.md)
- [Steel Strips Wheels Ltd.](https://endata.com/companies/24041.md) (investor)

## Sources

- [themachinemaker.com](https://themachinemaker.com/news/ssw-to-invest-rs-138-crore-in-amw-autocomponent/), 2024-01-10: "SSWL is slated to inject a sum of Rs 138.15 crore into AMW Autocomponent Limited (AACL) utilizing a combination of equity and debt."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.