TTK Prestige Limited has informed the Exchange regarding 'Intimation of demise of Mr. T T Venkatesh, belonging to the Promoter Group of the company under Regulation 30 and 31 A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015'.
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TTK Prestige Limited has informed the stock exchanges about the passing of Mr. T T Venkatesh, a member of the company's Promoter Group. The intimation has been made under Regulation 30 and 31A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. Regulation 30 deals with disclosure of material events, while 31A pertains to disclosures related to the promoter group. No details about the size of his shareholding or its transmission/transmission timeline have been disclosed in this particular filing.
This is a personal event disclosure with no immediate impact on the company's operations or financials. Shareholders may eventually see a transmission of the deceased's shares to legal heirs, which could lead to minor changes in the promoter group shareholding pattern in future filings.