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TTK Prestige sells 51% stake in Ultrafresh Modular Solutions for Rs 27.54 crore via share swap
13-Aug-2026, 01:46
TTK Prestige Limited has entered into a Share Acquisition Agreement with EFC (I) Limited to sell its entire 51% stake in subsidiary Ultrafresh Modular Solutions Limited, along with other shareholders, for a consideration of Rs 27.54 crore via a share swap. Ultrafresh contributed a turnover of Rs 36.3 crore, representing 1.2% of TTK Prestige’s consolidated turnover for fiscal year 2025-26, and a net worth of Rs (16.66) crore, representing (0.8)% of the company’s consolidated net worth as of March 31, 2026; the transaction is expected to be completed on or before October 31, 2026, and EFC (I) Limited, a publicly listed company based in Pune, Maharashtra, is not affiliated with TTK Prestige’s promoter group.
TTK Prestige Limited has entered into a Share Acquisition Agreement with EFC (I) Limited to sell its entire 51% stake in subsidiary Ultrafresh Modular Solutions Limited, along with other shareholders, for a consideration of Rs 27.54 crore via a share swap. Ultrafresh contributed a turnover of Rs 36.3 crore, representing 1.2% of TTK Prestige’s consolidated turnover for fiscal year 2025-26, and a net worth of Rs (16.66) crore, representing (0.8)% of the company’s consolidated net worth as of March 31, 2026; the transaction is expected to be completed on or before October 31, 2026, and EFC (I) Limited, a publicly listed company based in Pune, Maharashtra, is not affiliated with TTK Prestige’s promoter group.