TTK Prestige Limited has completed the formal regulatory filing under SEBI SAST Regulations for the transmission of equity shares from a deceased promoter to legal heir. The company has submitted comprehensive disclosures to stock exchanges following the completion of share transmission process.

Share Transmission and Filing Details

The transmission involves 20,80,622 equity shares previously held by Late Thiruvallur Thattai Jagannathan, a promoter of the company. The shares have been transmitted to Mukund Thiruvallur Thattai, who belongs to the promoter group, following the death of the original shareholder. The formal filing was submitted on December 29, 2025.

Regulatory Compliance Framework

The disclosure has been made under Regulation 10(6) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mukund Thiruvallur Thattai has formally submitted the required documentation to both BSE Limited and National Stock Exchange of India Limited.

The filing confirms that this transaction falls within the exemption provided under Regulation 10(1)(g) of the SEBI SAST Regulations, as it represents transmission of shares amongst promoters and promoter group members. The company has emphasized that the aggregate holding of promoter and promoter group before and after this transaction remains unchanged.

Stock Exchange Communication

The formal communication was addressed to the Listing Compliances Department of both stock exchanges. The filing includes complete details of the transmission process and confirms compliance with all regulatory requirements.

The transaction represents an internal transfer within the promoter group structure rather than a change in overall promoter shareholding, ensuring continuity in the company's ownership structure while maintaining full regulatory transparency.

TTK Prestige Limited , a leading kitchen appliances manufacturer, has reported a fire incident at its Roorkee manufacturing facility in Uttarakhand. The incident occurred in the early hours of November 12, 2025, but was promptly brought under control, according to a company statement.

Incident Details and Impact

The company has disclosed that while there was no damage to plant and machinery, certain raw materials, consumables, and finished goods were partially affected. TTK Prestige has assured stakeholders that the affected materials are adequately covered under insurance.

Operational Status

As a precautionary measure, production at the Roorkee facility has been temporarily suspended for one day. This brief halt will allow for a thorough investigation, inspection, and assessment of the incident. The company emphasized that this temporary suspension will not impact its sales or supplies, as it maintains sufficient finished goods inventory to meet current demand.

Financial Implications

TTK Prestige has stated that there will be no significant financial impact due to this incident. The company's proactive approach in managing its inventory and insurance coverage is expected to mitigate any potential short-term effects on its operations.

Resumption of Operations

The company is taking all necessary steps to resume normal operations at the earliest. While the exact timeline for full resumption hasn't been specified, the limited duration of the production suspension suggests a quick return to regular manufacturing activities.

Transparency and Compliance

In line with regulatory requirements, TTK Prestige has made this disclosure voluntarily under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This prompt communication demonstrates the company's commitment to transparency and adherence to corporate governance standards.

TTK Prestige's swift response to the incident and its assurance of minimal impact on operations are likely to be viewed positively by investors and stakeholders. The company's preparedness in terms of insurance coverage and inventory management showcases its robust risk mitigation strategies.