TTK Prestige to sell 51 percent stake in Ultrafresh Modular Solutions to EFC

Core Business DivestedStrategic Transactions View source PDF Explain this filing

TTKPRESTIG · price

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

+2.6%Reaction day

₹586.00

prior close

₹594.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+2.4% vs market

Household Appliances peers, median of 23sector+0.1%+2.4% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.4 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

+0.4

10m

+0.8

15m

+0.7

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+0.2+2.4+0.1+2.4

Next day

+1.9+0.2+1.6-0.5+2.4

+2.2+0.4+1.8-1.0+3.2

+2.0+0.7+1.3-1.1+3.2

+0.7+0.1+0.5-3.1+3.8

+2.0+0.7+1.3-1.8+3.8

+0.3+1.2-0.9-3.4+3.7

15d

-0.5+0.7-1.2-5.4+4.9

-8.0-1.2-6.8-6.6-1.4

-11.6-1.1-10.5-12.6+1.0

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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 signed a Share Acquisition Agreement to sell its 51 percent controlling stake in subsidiary Ultrafresh Modular Solutions to EFC (I) Limited for Rs 27.54 Crores. Payment is via share swap with EFC shares, not cash. Ultrafresh contributed only Rs 36.3 Crores turnover (1.2 percent of consolidated) and had negative net worth of Rs 16.66 Crores in FY26. Deal expected to complete by October 31, 2026. EFC is a publicly listed company and not a related party.

Likely market impact

Removes a loss-making, non-core subsidiary from TTK Prestige's books. Consideration comes in EFC shares, not cash, so no immediate cash inflow.