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  • News From Press UTI AMC denies stake sale reports to Tata Group; stock down 4%

    UTI AMC denies stake sale reports to Tata Group; stock down 4%

    Source: ET Aug 18, 2022

    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 .. 
     

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