TTL , a vertically integrated textile company, has announced three significant growth initiatives following a Board Meeting held on November 5, 2025. These strategic moves aim to diversify the company's operations and strengthen its market position.

Key Initiatives

• Will cater to in-house packaging needs and external clients
• Targets textile and FMCG sectors | | Vietnam Office | - Sourcing and marketing office in Ho Chi Minh City
• Aims to strengthen export competitiveness
• Provides access to European and US markets | | Hiflyer Brand Expansion | - Expanding into premium outerwear
• Entering high-end innerwear segments |

Diversification Strategy

The company's move into corrugated box manufacturing represents a significant step towards vertical integration and diversification. This new venture will be established at TTL's Avinashi plant, utilizing existing land and infrastructure. The unit is expected to serve both the company's internal packaging requirements and external clients in the textile and FMCG sectors.

International Expansion

By setting up a sourcing and marketing office in Ho Chi Minh City, Vietnam, TTL aims to capitalize on Southeast Asia's strategic importance in the global textile supply chain. This move is expected to enhance the company's export competitiveness and establish a stronger international presence in one of the world's fastest-growing textile hubs.

Brand Enhancement

In its core textile business, TTL plans to strengthen its product portfolio by expanding the 'Hiflyer' brand into premium outerwear and high-end innerwear segments. This strategic move is anticipated to consolidate the company's position in the growing domestic apparel market and boost brand visibility in both retail and export segments.

Management's Perspective

Sanjay Kumar Jain, Managing Director of TTL, commented on these developments: "These initiatives mark an important step forward in TTL's journey towards becoming a more diversified and future-ready organization. We are leveraging our existing strengths, while also tapping into high-potential areas that align with the evolving global market trends."

Company Overview

TTL operates across the entire textile value chain, from yarn and fabrics to garments and brand retail. The company markets its products under the 'T.T.' brand, which is recognized by the Government of India as one of the few "Well-Known Marks" in the country. TTL currently exports to over 65 countries and maintains facilities and offices across key textile hubs in India, including Avinashi, Gajroula, Surat, and Kolkata/Howrah.

These strategic initiatives demonstrate TTL's commitment to growth, diversification, and enhancing its competitive position in both domestic and international markets.

TTL , a textile company listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has been fined Rs 2,14,760 (including GST) for non-compliance with SEBI regulations regarding the continuation of non-executive directors who have attained the age of seventy-five years.

Non-Compliance Details

The non-compliance occurred due to the change in designation of Shri Rikhab Chand Jain from Executive Chairman & Director to Non-Executive Chairman & Director. As Shri Jain has attained the age of seventy-five years, his continuation in a non-executive role required shareholder approval as per Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board's Response

The Board of Directors, in a meeting held on November 5, 2025, addressed the non-compliance issue:

• The Board noted that the non-compliance was unintentional and arose due to the timing of the Board's decision and the subsequent requirement of shareholder approval.
• Shareholder approval for the continuation of Shri Rikhab Chand Jain as Non-Executive Chairman was obtained at the Annual General Meeting held on September 24, 2025.
• The company has applied for a waiver of the fine imposed by the stock exchanges.
• The compliance team has been instructed to strengthen internal monitoring to prevent such occurrences in the future.

Fine Details

Regulatory Implications

The fine was levied under Regulation 17(1A) of SEBI (LODR) Regulations, 2015, which mandates special resolution approval for the appointment or continuation of non-executive directors who have attained the age of seventy-five years.

TTL has been given 15 days from the date of the notice to pay the fine. Failure to do so could result in further actions, including the freezing of promoter shareholding.

The company's prompt response and corrective measures, including obtaining shareholder approval and applying for a fine waiver, demonstrate its commitment to addressing the compliance issue. However, this incident underscores the importance of timely adherence to regulatory requirements, especially concerning corporate governance matters.

Investors and stakeholders will likely monitor the company's future compliance record and the outcome of its waiver application closely.