Mukund Thiruvallur Thattai has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
TTKPRESTIG · price
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Mukund Thiruvallur Thattai, part of the promoter group of TTK Prestige Limited, has acquired 20,80,622 equity shares (1.52% of total share capital) by way of transmission following the death of promoter Late Thiruvallur Thattai Jagannathan on December 26, 2025. This is a family succession event — not a market purchase — and is exempt from open offer requirements under Regulation 10(1)(g) of SEBI SAST Regulations as it is a transfer within the promoter group. The acquirer's individual holding rose from 32,63,086 shares (2.38%) to 53,43,708 shares (3.90%), while the aggregate promoter and promoter group holding remains unchanged. The disclosure was filed with BSE and NSE on December 29, 2025.
No impact on the stock price or overall promoter control — this is an internal family transmission with the aggregate promoter stake unchanged. Shareholders should note it reflects succession planning within the promoter family, which is generally a neutral event for the stock.