UTI AMC NSE -4.95 % on Wednesday denied media reports suggesting it was in talks with Tata group for a 45 per cent stake sale. There were reports that Tata Group, the promoter of Tata AMC, was exploring options to buy a stake in the asset management company stake from four state-owned financial entities.
In a filing to BSE, UTI AMC said it is not aware of any such negotiations and, thus, cannot provide any information on the sequence o ..