TTK Prestige Limited's Nomination and Remuneration Committee has approved the grant of 14,372 stock options to eligible employees under the company's Long Term Incentive Plan 2023. The approval was granted through a Circular Resolution on February 16, 2026, as part of the company's employee incentive program.

Stock Option Grant Details

The granted stock options fall under the TTK Prestige Limited - Long Term Incentive (Stock Option) Plan 2023, which was approved by shareholders on March 8, 2023. The plan has reserved 13,86,140 shares for allotment to eligible employees.

Pricing Structure

The exercise price varies based on the type of option granted:

Vesting and Exercise Terms

The stock options will vest over a four-year period in equal installments, subject to fulfillment of grant conditions specified in the plan. The vesting schedule follows a structured approach:

• Year 1: 25% of options vest after completion of first year from grant date
• Year 2: 25% of options vest after completion of second year from grant date
• Year 3: 25% of options vest after completion of third year from grant date
• Year 4: 25% of options vest after completion of fourth year from grant date

Employees must exercise their vested options within two years from the date of vesting. Each stock option is convertible into one fully paid-up equity share with a face value of Re.1/-.

Regulatory Compliance

The stock option scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The grant was disclosed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure has been made available on the company's website at www.ttkprestige.com , ensuring transparency for stakeholders and regulatory compliance.

TTK Prestige Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showing revenue growth but declining profitability due to exceptional charges. The Board of Directors approved these results at their meeting held on January 29, 2026.

Financial Performance Overview

The company's Q3FY26 performance reflected mixed results with top-line growth accompanied by bottom-line pressure from exceptional items.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company demonstrated resilience in revenue generation while facing profitability challenges.

Exceptional Items Impact

The quarter's profitability was significantly affected by exceptional charges totaling ₹24.72 crores, comprising two major components:

• Voluntary Retirement Scheme: ₹9.98 crores for employees at the Hosur factory who opted for the scheme
• Labour Code Implementation: ₹14.74 crores representing incremental impact from new wage definitions under the four Labour Codes notified by the Government of India on November 21, 2025

Operational Expenses and Business Excellence Initiative

The company continued its business excellence initiative with expenditure of ₹22.83 crores in Q3FY26 compared to ₹4.21 crores in Q3FY25. For the nine-month period, such expenses reached ₹58.43 crores versus ₹13.40 crores in the previous year, reflecting the company's ongoing efforts to achieve sustainable cost savings.

Corporate Governance Updates

The Board also approved amendments to the Policy on Related Party Transactions, aligning with SEBI (LODR) (Fifth Amendment) Regulations, 2025 dated November 18, 2025. The Audit Committee and Board of Directors considered and adopted the amended policy, which is available on the company's website.

Consolidated Results

On a consolidated basis, the company reported revenue of ₹801.40 crores in Q3FY26 and net profit of ₹31.78 crores. The consolidated entity includes TTK Prestige Limited as the parent company, TTK British Holdings Limited with its subsidiary Horwood Homewares Limited, and 51% subsidiary Ultrafresh Modular Solutions Limited.