| | | | Board Meeting on Aug 18, 2011 | 08/08/11 14:04 | | | | TTK Prestige Ltd has informed BSE that a meeting of the Board of Directors of the Company August 18, 2011, inter alia, it is proposed, to consider a proposal for amalgamating Prestige Housewares India Ltd (PHIL), a TTK Group Company with TTK Prestige Ltd.
Further the Company has informed that PHIL is an unlisted company and forms part of the TTK Group. PHIL is in the business of Kitchenware and has certain landed property and manufacturing assets. For the sake of operational and administrative convenience and to consolidate all the manufacturing assets in TTK Prestige Limited, the above proposal is being considered. | |
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