StockWatch
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Diversified
Divestment23 Jul 2026, 12:54 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 M/s Wipro Enterprises Private Limited for ₹256 crores plus applicable GST. The definitive agreements have been executed, with the transaction closing expected by September 30, 2026, subject to customary conditions precedent. The brands contributed approximately ₹148 crores, representing 17% of the company's total turnover for FY 2025-26. This 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 applicable GST.
  • Brands contributed 17% of FY26 turnover (₹148 Cr).
  • Transaction closing expected by September 30, 2026.
  • Buyer is Wipro Enterprises Private Limited.