TTK Prestige completes sale of 51% stake in Ultrafresh Modular Solutions

Core Business DivestedStrategic Transactions View source PDF Explain this filing

TTKPRESTIG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹511.80

prior close

₹508.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+1.5% vs market

Household Appliances peers, median of 23sector+0.9%+0.6% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 0.6 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+0.4

15m

+0.8

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+0.0+1.5+0.9+0.6

Next day

+2.0+1.3+0.7+1.4+0.6

+1.2+1.1+0.1+1.4-0.2

+0.4-1.7+2.1-0.8+1.2

+0.6-1.4+2.0-0.7+1.3

+0.8-0.6+1.4+0.1+0.7

+2.2+0.3+1.9+2.2-0.1

15d

+5.5-6.1+11.6-3.4+8.9

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UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 23Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TTK Prestige has completed the sale of its 51% holding in subsidiary Ultrafresh Modular Solutions Limited to EFC (I) Limited. As consideration, TTK Prestige received 10,20,038 equity shares of EFC (I) Limited at face value of Rs. 2 each. Consequently, Ultrafresh has ceased to be a subsidiary of the company.

Likely market impact

Reduces consolidated revenue from Ultrafresh; TTK Prestige now holds equity stake in EFC (I) Limited as deal consideration.