In a regulatory filing, the firm said it was considering various options, including a minority stake sale of up to 25-40 per cent in its overseas business.
Amtek Auto also said that it has "received a large number of enquires for the outright purchase of a couple of the company's overseas businesses which include for instance Tekfor group."
It further said the interest for this has come from trade players and financial players around the globe and claimed "these businesses are located in a much coveted market attracting premium valuations in the global markets".
In September, the company had stated that it was considering non-core business, minority stake in overseas firm and some industrial real estate assets within the business to overcome financial crisis.
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A month before, it had said there is "temporary cash flow mismatch" and to mitigate the situation, promoters have already infused Rs 75 crore and if required in future will also infuse more funds.
The Amtek group is understood to owe over Rs 26,000 crore to 32 banks, including State Bank of India, ICICI Bank, Axis Bank, Bank of Baroda, Bank of India, IDBI Bank, Bank of Maharashtra and UCO Bank.
Besides the financial problems, Amtek Auto has also been facing investigation by Sebi into alleged share price manipulation at its subsidiary Castex Technologies with role of banks, mutual funds and rating agencies also coming under the scanner.
Sebi had expanded the probe into the matter suspecting that more players could be involved in efforts to manipulate the share price of Castex Technologies.
Besides promoters of the company, Sebi was looking at the possible role of banks, mutual funds and rating agencies in the whole issue.