Shares in Tilak Industries surged on a proposed stake sale buzz. There were reports that Kishore Allied Blenders & Distillers, which is controlled by the Kishore Chabbria group is planning to acquire a controlling stake in the company.
Shares of Tilak Nagar Industries was up 20 per cent was locked at the upper end of the circuit filter at Rs 21 on the NSE.
The company is a manufacturer of liquor.
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