Moneycontrol

Budget 2021

Associate Partners:

  • SMC
  • Samsung
  • Volvo

Moneycontrol

Budget 2021

Associate Partners:

  • SMC Samsung Volvo
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TTK Prestige Ltd.

BSE: 517506 | NSE: TTKPRESTIG |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE690A01010 | SECTOR: Domestic Appliances

BSE Live

Jan 22, 16:00
5989.45 -71.70 (-1.18%)
Volume
AVERAGE VOLUME
5-Day
478
10-Day
497
30-Day
668
394
  • Prev. Close

    6061.15

  • Open Price

    6149.70

  • Bid Price (Qty.)

    5996.25 (1)

  • Offer Price (Qty.)

    6145.00 (1)

NSE Live

Jan 22, 15:59
5991.45 -72.50 (-1.20%)
Volume
AVERAGE VOLUME
5-Day
16,849
10-Day
11,997
30-Day
10,486
5,001
  • Prev. Close

    6063.95

  • Open Price

    6055.30

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    5991.45 (1)

Company History - TTK Prestige
YEAR                                                                  
 EVENTS
 1955 - TTK Prestige Limited was incorporated as a Private Limited
 Company at Madras
              under the name and style T T Private Limited on 22nd
 October 22nd.  The registered
              office was shifted to Bangalore and a fresh certificate
 of incorporation was obtained.
 
            - The company became a deemed public limited company on
 and from June 15th 1988
               under the provisons of Section 43A of the Companies
 Act, 1956.
 
             - In 1984 the Company launched Prestige Pressure Pan. In
 1992, the  company 
               successfully launched its product under the brand name
 Manttra in the US market.
 
 1990 - The Company's foods division launched ready-to-eat snacks,
 Fryums, in India.
 
 1992 - The Company issue  95576 No. of Equity Shares were allotted
 during this year as 
              fully paid up Bonus Shares by capitalisation of reserves
 in the ratio of 1 : 1.
 
 1994 -  The name of the company was changed from TT Limited to TTK
 Prestige Limited on 
               23rd June, and a fresh certificate of incorporation was
 obtained from the Registrar
               of Companies.
 
            - TTKPL commenced the manufacture of pressure cookers in
 1959 with technical
              collaboration from Prestige Group, U.K. who are the
 pioneers in the pressure cooker
               business.
 
            - The Company's project for manufacture of Non-Stick
 Cookware with technical tie-up 
               from Dupont, U.S.A. has progressed satisfactorily. 
 
           -  During the year, the Company alloted Bonus Shares at the
 rate of 1 share for every 3
               shares held  aggregating to 3,82,304 shares of Rs.10
 each on 30th June.  The Company
               also issued 30,20,000 Equity shares of Rs.10 each at a
 premium of Rs.80 per share to
               the residents including Financial Institutions and
 3,00,000 shares of Rs.10 each at a
               premium of Rs.10 each at a premium of Rs.115 per Share
 were alloted to Foreign
               Institutional Investors.
 
 1995 - The Company issued through Prospectus 28.95 lakh equity shares
 of Rs.10/- each at a 
              premium of Rs.80 per share, which included a firm
 allotment of 55,000 shares to Unit Trust
              of India.  
 
 1996 - During the current year, the company has introduced Silver
 Stone range in selective 
              markets and the same is well received.  The company is
 also entering into Kitchen 
              Tools Project and necessary technical tie-up is being
 finalised.  
 
 1998 - The Company introduced new models in the US market which have
 been received well.
              The Company has also made an entry into the UK and
 Australian markets during the year.
 
           - Mr. T.T. Raghunathan, Dr. (Mrs.) Latha Jagannathan and
 Mr. K. Shankaran, the Directors
              retire by rotation and are eligible for reappointment.
 Mr. T.T. Jagannathan has been
              re-appointed as Managing Director for a period of five
 years from 1st July.
 
 2000 - Mr. Jagannathan is appointed as the Chairman of the TTK Group
 and also the Managing
              Director of TTK Prestige Ltd.
 
            - TTK Group is close to finalising sale of foods division
 as part of its plant  to exist the 
               non-core businesses.
 
            - TTK LIG, a joint venture between Seton Scholl Healthcare
 Plc and TTK  Group is the 
               world's largest condom maker, manufacturing close to a
 billion condoms per annum.
 
            - The Company has launched Prestige Omega non-stick
 cookware.
 
 2001 - The Company manufacturers of kitchenware, has launched a new
 range of vacuum 
              flasks with imported shells.
 
            - TTK Prestige has launched vacuum flasks with imported
 shells.
 
             - TTK Prestige chairman and managing director TT
 Jagannathan has been made 
               executive chairman wiht effect from 5th April.
 
 2002-TTK Prestige Ltd has informed that Mrs Padma Narasimhan, a
 Director on the Board of Directors passed away on September 11,
 2002.
 
 2003
 
 -TTK Prestige Ltd has recast its debt portfolio by converting
 majority of its borrowings into ECBs and FCNRB loans aggregating to
 US$ 9.5 million
 
 2004
 
 -  The company inaugurated  the exclusive TTK Prestige showroom in
 Vijayawada on May 7.
 
 -Shares of TTK Prestige Ltd delisted from the Madras Stock Exchange
 from May 31.
 
 2005
 
 -TTK Prestige sets up 47th 'Smart Kitchen' in Pondicherry
 
 - Company obtains License for Prestige brand for use in USA.
 
 -TTK Prestige launches new product Prestige Nakshatra.
 
 2006
 
 - TTK Prestige to infuse Rs 70 cr diversify into new market.
 
 - TTK Prestige - Commencement of commercial production in
 Coimbatore.
 
 - Mr. Arun K Thiagarajan has joined the Board of the Company as an
 Independent Director.
 
 - TTK Prestige increases efforts to tap rural mkt.
 
 2007
 
 - Mr. S Ravichandran - Managing Director (MD) has been re-appointed
 as Managing Director for a further period of 5 years from February
 05, 2007.
 
 - TTK Prestige - Long term settlement with workmen of Hosur unit.
 
 - The Board have recommended a dividend of Rs 3/- per share.
 
 - TTK Prestige - Commencement of Commercial production at
 Uttarakhand.
 
 - TTK Prestige joins hand with Salarpuria.
 
 2008
 
 - The Board has recommended a dividend of Rs 3.50 per share.
 
 --Registered Office of the Company has been shifted to  11th Floor,
 Brigade Towers, 135, Brigade Road, Bangalore 560 025 to lot No. 38,
 SIPCOT Industrial Complex, Hosur - 635 126, Tamil Nadu
 
 2010
 
 - TTK Prestige Announces e-Commerce Alliance with Infibeam.com.
 
 - The Company is launching a whole new range of pressure cookers and
 cookware with induction base using dedicated imported machinery.
 
 - TTK Prestige - Launch of Microwave Pressure Cooker.
 
 - TTK Prestige - Launch of New Range of Inner Lid Pressure Cookers -
 Prestige Apple.
 
 - Board  has recommended a Dividend of Rs. 10.00 per share.
 
 2011
 
 - The Company is signing an MOU with Government of Gujarat for
 establishing a state of art facility for manufacture of Pressure
 Cookers and Kitchenware.
 
 - Board have recommended a dividend of Rs. 12.50 per share.
 
 - The company has successfully concluded a long term settlement
 covering all its workmen at the Hosur unit of the Company.
 
 2012
 
 - TTK Prestige - Entering into a business relationship with World
 Kitchen.
 
 - TTK Prestige ties up with Switzerland’s Vestergaard Frandsen
 to introduce water purifying technology.
 
 - TTK Prestige - Business Collaboaration with Vestergaard Frandsen,
 Switzerland.
 
 - TTK Prestige Ltd has informed BSE regarding a Press Release dated
 May 25, 2012 titled TTK Prestige and SCHOTT Enter a Strategic
 Business Alliance.
 
 - TTK Prestige forms alliance with Germany’s Schott AG to
 launch premium cooking appliances.
 
 2013
 
 - TTK Prestige L - Canadian Patent for Microwave Pressure Cooker
 
 - TTK Prestige sign Bollywoods top celebrity power couple Aishwarya
 Rai Bachchan & Abhishek Bachchan as brand ambassadors
 
 - TTK Prestige announces landmark achievement of 10 years & 500
 stores of Prestige Smart Kitchen.
 
 - SAB TV partners with Prestige to launch 'Jo Biwi Se Kare Pyaar
 
 2014
 
 - TTK Prestige, India's No. 1 kitchen appliances company launches its
 latest product, a water purifier that only gives you Pure water. The
 trusted brand of generations, has partnered with Lifestraw SA, a
 renowned Swiss company for providing a state-of-art technology for
 the water purifier - Prestige LifeStraw.
 
 - New productS launched by Indias No. 1 Kitchen Products Company,
 TTK Prestige.
 
 -The Company has recommended a dividend of Rs. 20/- per share
 
 2015
 -TTK Prestige Ltd  TPM Award by Japan Institute of Plant Maintenance
 
 2016
 - 'TTK Prestige Ltd, India Acquires Horwood Homewares Limited in UK'
 -Award by Industrial Designers Society of America for the Company's
 Product - Hobtop Gas Stove.