TTK Prestige Sells 51% Stake in Ultrafresh for ₹27.54 Cr

TTK Prestige Limited has entered into a Share Acquisition Agreement to sell its controlling 51% stake in its subsidiary, Ultrafresh Modular Solutions Limited, to EFC (I) Limited. The transaction also includes all other shareholders of Ultrafresh. The sale consideration is ₹27.54 Crores, structured as a share swap with EFC (I) Limited shares, not cash. Ultrafresh contributed ₹36.3 Crores (1.2%) to TTK Prestige's consolidated turnover in FY 2025-26 and had a net worth of ₹(16.66) Crores (0.8% of consolidated net worth) as of March 31, 2026. The agreement was signed on August 13, 2026, with completion expected by October 31, 2026. EFC (I) Limited is an independent, publicly listed company and not part of TTK Prestige's promoter or group companies. The transaction is not considered a related party transaction.