StockWatch
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Household Appliances
Investment26 Oct 2026, 02:54 pm

TTK Prestige Redeems GramyaHaat CCD Investment

AI Summary

TTK Prestige Ltd has redeemed its entire investment in Compulsorily Convertible Debentures (CCDs) of M/s GramyaHaat Rural-Tech Private Limited (GramyaHaat), made in June 2024. The redemption resulted in a loss for TTK Prestige, but the company states that the quantum of loss is not material and does not have any significant impact on its financial position or operations. This transaction is not a related party transaction, and the promoter/promoter group/group companies have no interest in GramyaHaat.

Key Highlights

  • TTK Prestige has fully redeemed its CCD investment in GramyaHaat.
  • The redemption resulted in a loss, but it is not material.
  • No material impact on the company's financial position or operations.
  • Transaction is not a related party transaction.