TTKPRESTIGNSETTK Prestige Limited· Consumer DurablesLowNeutral
Announced Tue, 22 Jul · 18:11 IST

TTK Prestige Limited has informed the Exchange regarding Notice of Annual General Meeting and Updated Annual Report to be held on August 07, 2025

Board & Shareholder Meetings View source PDF

TTKPRESTIG · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

TTK Prestige has submitted an updated Annual Report for FY 2024-25, correcting inadvertent DTP errors in the auditor fees disclosures on pages 103, 145, and 199. The corrections clarify that statutory auditor PKF Sridhar & Santhanam LLP was paid Rs 69 lakhs in audit fees and Rs 26.90 lakhs for other services in FY25. Standalone total auditor payments stood at Rs 81 lakhs (vs Rs 68 lakhs in FY24), while consolidated payments were Rs 1.27 crore (vs Rs 1.15 crore). The 69th Annual General Meeting is scheduled for August 7, 2025, at 11:00 a.m. via video conferencing. A dividend of Rs 6 per equity share (face value Rs 1) has been proposed, with the record date set as July 31, 2025 and payment date as August 21, 2025. The AGM agenda also includes ratification of cost auditor remuneration, appointment of a secretarial auditor for 5 years, and re-appointment of Dr. Mukund T.T. as a director.

Likely market impact

This is largely a procedural filing — the corrections to auditor fees are minor and do not materially change the financial picture. Shareholders should note the July 31, 2025 record date to be eligible for the Rs 6 dividend, which will be paid from August 21, 2025. The stock price is unlikely to move on this filing as it contains no new business or financial information.