What are the potential impacts of ED attaching ₹5,115.31 crore assets in Amtek Auto Group entities case

1. Financial stability: The attachment of assets worth ₹5,115.31 crore by the Enforcement Directorate could significantly impact the financial stability of the Amtek Auto Group entities. This could lead to liquidity constraints, affecting their operations and ability to repay debts. 2. Investor confidence: The news of such a large asset attachment could negatively impact investor confidence in the Amtek Auto Group entities. Share prices may fall, and potential investors may become wary of entering into any new business dealings with the company. 3. Legal repercussions: The attachment of assets could lead to prolonged legal battles and investigations, further straining the resources and reputation of the company. 4. Impact on employees: The financial troubles faced by the company could lead to job losses or salary cuts for employees, causing uncertainty and unrest among the workforce. 5. Overall industry impact: The repercussions of such a high-profile case could also impact the broader auto industry, leading to increased scrutiny and regulatory changes.