Talwalkars shares hit more than 13-month high on stake sale report
Mar 27 2014 , Mumbai
However, Talwalkars Chief Financial Officer Anant Gawande neither confirmed nor denied the stake sale talks. Gawande tells a business news channel that the company does not need capital.
Talwalkars officials were not immediately reachable by Reuters.
Talwalkars shares up 9.1 percent at 176.50 rupees as of 1:33 p.m.