Amtek Auto Group of Company Bank Fraud Case, ED attached property worth 588.57 crore. So far, the value of total attachment in this case has been 6261.37 crores. ED has taken another major action in the bank fraud case. On Thursday (July 10, 2025), the ED Gurugram zonal team has temporarily attached the Movable and Emmuable Properties of about 588.57 crores of companies associated with the Amtek Auto Group and their promoters.
This action has been taken under the Prevention of Money Laundering Act. These cases M/s amtek auto limited, M/s arg limited, M/s acil limited, M/s metalyst forging limited, M/s Castex Technologies Limited and their promoter is connected to Arvind Dham. This is the property that ED has attached.
1. 28 acres of land in Hunda Wala, Ratauli and Kansapur villages of Yamunanagar
2. 67.5 acres of land in Kot and Khangesara village of Panchkula
3. Many other properties in Delhi/NCR
4. 8.70 crore fixed deposits
5. 14.6 crore share value
Company in the name of Pankaj Dayal
Also, some transactions related to a company called Realtech Construction are also under investigation. This company is being reported by Pankaj Dayal and through this some third party assets such as Pitti Engineering LTD shares and other Demat Balanses have also been attached.
Earlier, ED attached property worth 5115.31 crore on 5 September 2024 and 557.49 crore on 26 March 2025. According to the ED, so far the value of total attachment in this case has been 6261.37 crores. This whole matter came up on the basis of a PIL running in the Supreme Court. The court directed the ED to investigate on 27 February 2024.
FIR lodged on the complaint of these two banks
After this, the CBI lodged an FIR on the complaint of IDBI Bank and Bank of Maharashtra. Later on 29 April 2025, the CBI registered another FIR against Arvind Dham and other former directors of MTech Auto. Which was included in the ED investigation.
In this case, the ED has already raided more than 40 places and has arrested Arvind Dham. A charge sheet has also been filed on 6 September 2024. The investigation of the ED is still going on and he said that many revelations are yet to be made.
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