TTK Prestige has entered into an agreement for making strategic investment in Ultrafresh Modular Solutions engaged in the business of Modular Kitchens and kitchen appliances having many franchisee outlets across India. At the initial stage, TTK Prestige will hold around 40% of the equity and after completion of the investment, will hold 51% of the equity of Ultrafresh.
This investment has significant synergies with that of the business of TTK Prestige. It is expected to serve the long-term vision and growth of TTK Prestige. TTK Prestige will be able to leverage the network of Ultrafresh and enhance the reach of Prestige products in many new households.
TTK Prestige is part of TTK Group. Over the past six decades TTK Prestige, has emerged as India's largest kitchen appliances company catering to the needs of home makers in the country.
| Company Name | CMP |
|---|---|
| Crompt.Greaves Cons. | 261.25 |
| Whirlpool Of India | 888.55 |
| Bajaj Electricals | 391.55 |
| Orient Electric | 179.35 |
| TTK Prestige | 494.95 |
| View more.. | |
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