TTK Healthcare Limited has completed the transmission of shares from two deceased promoters to their legal heirs, marking the conclusion of a regulatory process that began following the deaths of key promoter group members.

Share Transmission Details

The company announced on December 29, 2025, that it has received intimation regarding the transmission of equity shares held by the deceased promoters. The transmission involves a total of 7,73,298 shares being transferred to three legal heirs:

*Minor represented by her mother and natural guardian Mrs. Maitri Gopalakrishna

Regulatory Compliance and Classification Changes

Following the transmission, TTK Healthcare has made several regulatory disclosures under SEBI LODR Regulations. Ms. Sarayu Thiruvallur Thattai will now be classified as a person belonging to the Promoter Group in accordance with Regulation 31A(6)(a).

Under Regulation 31A(6)(c), both Late Thiruvallur Thattai Jagannathan and Late Thiruvallur Thattai Venkatesh will cease to be classified as Promoter and Promoter Group members, respectively.

Updated Shareholding Pattern

The company has confirmed that the updated and accurate Promoter and Promoter Group shareholding will be reflected in the Shareholding Pattern for the quarter ending December 31, 2025. This transmission process ensures continuity in the company's ownership structure while maintaining compliance with regulatory requirements.

The completion of this transmission process represents a significant milestone in TTK Healthcare's corporate governance, providing clarity on the promoter group composition following the earlier announced deaths of the promoter group members.

TTK Healthcare Limited has announced the appointment of V Sundaresan as Additional Independent Director, following a board meeting held on December 22, 2025. The appointment, recommended by the company's Nomination and Remuneration Committee, is subject to shareholder approval through a special resolution via postal ballot.

Director Appointment Details

The board approved Sundaresan's appointment for a five-year term effective December 22, 2025. The appointment details are outlined below:

Professional Background and Expertise

Sundaresan brings extensive financial leadership experience to the board. He is a commerce graduate from the University of Madras and a Fellow Member of the Institute of Chartered Accountants of India (FCA). His professional journey spans nearly four decades in finance, accounts, audit, and regulatory compliance.

His career highlights include senior positions at prominent organizations:

• General Electric: Held senior financial positions
• Greaves Cotton Co.: Leadership role in finance operations
• BPL Refrigerators: Senior management position
• TTK Group: Nearly three decades of service, retiring as Chief Financial Officer of TTK Prestige Ltd. in October 2020
• Current Role: Partner with M/s Sowmya Sundaresan Co., Chartered Accountants

Key Professional Achievements

Sundaresan's expertise encompasses multiple areas of corporate finance and governance:

• Led enterprise transformation through ERP implementation and data-driven decision-making
• Played key roles in corporate restructuring, including demerger processes and overseas subsidiary establishment
• Established comprehensive audit frameworks and internal controls as an active Risk Management team member
• Developed profit-center accountability models to enhance operational efficiency
• Oversaw organization-wide transition to GST and new Accounting Standards
• Achieved significant improvements in working-capital cycles through analytics and fiscal discipline
• Maintained strong relationships with investors and analysts

Postal Ballot Process and Timeline

The board has approved conducting a postal ballot process through remote e-voting for shareholder approval of the appointment. M/s AK Jain Associates, represented by partners Balu Sridhar and Anil Kumar Jain, has been appointed as scrutinizer for the process.

Complete Calendar of Events

The board meeting commenced at 12:45 PM and concluded at 1:00 PM on December 22, 2025. The company has confirmed that Sundaresan is not disqualified or debarred from holding the office of Director pursuant to Section 164 of the Companies Act, 2013, or by virtue of any SEBI order or other authority. Sundaresan has no relationship with other directors and key managerial personnel of the company.