Sale23 Jul 2026, 12:55 pm
TTK Healthcare Sells EVA & Good Home Brands for ₹256 Cr
AI Summary
TTK Healthcare Ltd announced the sale of its 'EVA' and 'Good Home' brands to Wipro Enterprises Private Limited for ₹256 crores plus applicable GST. The transaction, approved by the Board of Directors, is expected to be completed by September 30, 2026, subject to customary conditions precedent. The brands contributed approximately ₹148 crores, or 17% of the company's total turnover in FY 2025-26. The buyer is not part of the promoter group, and the transaction is not considered a related party transaction or a slump sale.
Key Highlights
- TTK Healthcare to sell EVA and Good Home brands.
- Sale consideration is ₹256 crores plus GST.
- Wipro Enterprises Private Limited is the buyer.
- Brands contributed 17% of FY26 turnover.
- Deal expected to close by September 30, 2026.
Price Impact
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