Mukund Thiruvallur Thattai Acquires 20.8 Lakh Shares via Transmission
Dr. Mukund Thiruvallur Thattai, belonging to the Promoter Group of TTK Prestige Limited, has submitted disclosures under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) ...
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Why is TTK Prestige Limited in the news today?
TTK Prestige Limited (TTKPRESTIG) is in the news due to the event is a routine transmission of shares due to the death of a promoter, which is an exempt transaction under sebi regulations and does not change the overall promoter holding. therefore, it has a neutral impact.
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Mukund Thiruvallur Thattai Acquires 20.8 Lakh Shares via Transmission
December 31, 2025, 10:08 AM
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More Details on This News
Dr. Mukund Thiruvallur Thattai, belonging to the Promoter Group of TTK Prestige Limited, has submitted disclosures under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing intimates the transmission of 20,80,622 Equity Shares of the Company on December 26, 2025, due to the death of the Promoter, Late Thiruvallur Thattai Jagannathan.
The transaction, being a transmission of shares among promoters (including the promoter group), is exempted under Regulation 10(1)(g) of the SEBI SAST Regulations. The aggregate holding of the Promoter and Promoter Group remains unchanged before and after this transaction. The necessary disclosure in the prescribed format has been enclosed for information and records.
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