TTK Prestige has announced the unexpected passing of T T Venkatesh, a prominent member of the company's Promoter and Promoter Group, on September 17, 2025. The company informed the stock exchanges about this development on September 18, 2025, in compliance with SEBI regulations.

Shareholding Details

T T Venkatesh held a significant stake in TTK Prestige, both directly and indirectly:

It's noteworthy that T T Krishnamachari & Co., where Venkatesh was a 14% partner, holds 8,27,67,238 equity shares, representing a substantial 60.44% stake in TTK Prestige.

Impact on Promoter Group

Following his demise, T T Venkatesh will cease to be part of the Promoter Group of TTK Prestige, as per Regulation 31A (6) (c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transmission of Shares

The company has stated that the transmission of Venkatesh's shareholding to his nominees will be processed. Until this process is completed, the shares will continue to be shown under his name.

Company's Response

TTK Prestige expressed deep sorrow over the sudden and unexpected loss, describing it as "an irreparable loss to the Company." The board of directors and employees have conveyed their condolences to Venkatesh's family.

This development marks a significant change in the ownership structure of TTK Prestige, given Venkatesh's substantial direct holdings and his partnership in the company's major shareholder, T T Krishnamachari & Co.

TTK Prestige Limited, a leading kitchen appliances manufacturer, has announced the appointment of Mr. Tamilselvan Sankaralingam as its new Chief Technology Officer (CTO). The company disclosed this significant addition to its leadership team in a filing to the National Stock Exchange and BSE Limited on September 16, 2025.

Appointment Details

Mr. Sankaralingam joined TTK Prestige on September 15, 2025, and was officially designated as Senior Management Personnel (SMP) effective September 16, 2025. This strategic appointment underscores the company's commitment to strengthening its technological capabilities and driving innovation in the kitchen appliances sector.

Tamilselvan Sankaralingam's Professional Background

Tamilselvan Sankaralingam brings a wealth of experience and expertise to his new role at TTK Prestige:

Education

• Executive MBA from Rotterdam School of Management, Netherlands
• Joint Master of Technological Design from National University of Singapore and Eindhoven University of Technology
• Bachelor of Engineering (Gold Medalist) from Sri Venkateswara College of Engineering, University of Madras

Previous Experience

• Over two decades at Philips, holding various leadership positions across Singapore, Netherlands, and India
• Most recently served as Director for Sustaining Engineering for Image-guided therapy business at Philips Global Business Services LLP in Pune

Key Achievements and Expertise

Throughout his career, Mr. Sankaralingam has demonstrated a strong track record in innovation and leadership:

1. Product Development: Led successful product initiatives in personal health, including high-end steam irons, automatic coffee machines, premium shavers, and Sonicare toothbrushes.

2. Start-up Initiative: Served as a Venture Leader for Philips' women's health start-up initiative, successfully building a scalable proposition and acquiring a digital company to address preconception challenges.

3. Global Capability Centers: Instrumental in establishing Global Capability Centers in Pune, India, leading an engineering team of over 150 people in sustaining lifecycle management engineering activities for advanced image-guided therapy solutions.

4. Diverse Expertise: Demonstrated proficiency in R&D (Innovation), Consumer Marketing, and Project and Program Management.

The appointment of Tamilselvan Sankaralingam as CTO aligns with TTK Prestige's vision to enhance its technological capabilities and drive innovation in the competitive kitchen appliances market. His extensive experience in product development, innovation, and global team leadership is expected to contribute significantly to TTK Prestige's growth and market position.

TTK Prestige's decision to bring Mr. Sankaralingam on board reflects the company's focus on leveraging cutting-edge technology and innovation to meet evolving consumer needs in the kitchen appliances sector.