TTK Prestige gets nod for Scheme of Arrangement

27 Nov 2012 Evaluate

TTK Prestige has received an approval for scheme of arrangement between company and Triveni Bialetti Industries (TBI) subject to the approval of shareholders in general meeting and confirmation by the high courts of Chennai and Mumbai. The above scheme of arrangement if approved and confirmed by the courts shall demerge the kitchen appliances division of TBI and vest the same with company.

The board at its meeting held on November 27, 2012 has approved the same.

TTK Prestige, one of the oldest business houses in the country today. Having initially pioneered and established a network of distribution, TTK Prestige moved to manufacturing, post-independence.

TTK Prestige Share Price

827.10 -1.70 (-0.21%)
23-Dec-2024 09:28 View Price Chart
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