TTK Prestige has received an approved from the High Court of Madras for scheme of amalgamation of Prestige Housewares India (PHIL), a TTK Group Company with itself. Further, pursuant to the High Court order and in-principle approval from National Stock Exchange for allotment of shares, the board of directors at their meeting held on October 12, 2012 has allotted 20,106 equity shares to the shareholders of Prestige Housewares.
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.
