Kitchen appliance company TTK Prestige on Friday announced the passing of its Chairman Emeritus, T T Jagannathan, a key member of the promoter group, who died on October 9, 2025.
In its exchange filing, the company said, “We regret to inform you that the Company was intimated today about the sudden demise of Mr. T T Jagannathan - Chairman Emeritus, belonging to the Promoter and Promoter Group of the Company, on October 09, 2025.”
Describing the development as a significant loss, the company added, “His sudden and unexpected passing away will be an irreparable loss to the Company and all the Directors and employees of the Company convey deep sorrow and condolences to his family.”
According to the disclosure, Jagannathan held 42,41,868 equity shares in his personal capacity, representing 3.10% of TTK Prestige’s total shareholding. In addition, he was a partner with a 3% share in M/s T T Krishnamachari & Co., which holds 8,27,67,238 equity shares, accounting for 60.44% of the company.
Following his demise, TTK Prestige said that he would “cease to be a part of the Promoter and Promoter Group of the company in accordance with Regulation 31A (6)(c) of the SEBI LODR Regulations, 2015.”
The company added that the transmission of his shareholding to his nominees “shall be processed” and that “shareholding will be shown in his name till the conclusion of transmission.”
T T Jagannathan, a veteran industrialist, played a pivotal role in shaping TTK Prestige into one of India’s leading kitchen and home appliance brands. His leadership spanned several decades, during which the company expanded its product portfolio and strengthened its presence across domestic and international markets.
In its exchange filing, the company said, “We regret to inform you that the Company was intimated today about the sudden demise of Mr. T T Jagannathan - Chairman Emeritus, belonging to the Promoter and Promoter Group of the Company, on October 09, 2025.”
Describing the development as a significant loss, the company added, “His sudden and unexpected passing away will be an irreparable loss to the Company and all the Directors and employees of the Company convey deep sorrow and condolences to his family.”
According to the disclosure, Jagannathan held 42,41,868 equity shares in his personal capacity, representing 3.10% of TTK Prestige’s total shareholding. In addition, he was a partner with a 3% share in M/s T T Krishnamachari & Co., which holds 8,27,67,238 equity shares, accounting for 60.44% of the company.
Following his demise, TTK Prestige said that he would “cease to be a part of the Promoter and Promoter Group of the company in accordance with Regulation 31A (6)(c) of the SEBI LODR Regulations, 2015.”
The company added that the transmission of his shareholding to his nominees “shall be processed” and that “shareholding will be shown in his name till the conclusion of transmission.”
T T Jagannathan, a veteran industrialist, played a pivotal role in shaping TTK Prestige into one of India’s leading kitchen and home appliance brands. His leadership spanned several decades, during which the company expanded its product portfolio and strengthened its presence across domestic and international markets.
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