TTK Prestige Limited has issued a Postal Ballot Notice dated August 10, 2026, seeking shareholder approval through special resolution for the appointment of Mr. R. Srinivasan (DIN: 00043658) as Director of the Company in the category of Non-Executive Non-Independent Director.

Key Dates and Schedule

  • Cut-off date for shareholders: August 7, 2026
  • Voting period: August 12, 2026 (9:00 AM) to September 10, 2026 (5:00 PM)
  • Scrutinizer's report: On or before September 14, 2026
  • Results declaration: On or before September 14, 2026
  • Resolution deemed passed on: September 10, 2026 (last voting date)

Director Details and Qualifications

Mr. R. Srinivasan (DIN: 00043658) is proposed for appointment as Non-Executive Non-Independent Director liable to retire by rotation. Key details:

  • Educational Qualification: Graduate BE (Hons)
  • Experience: Independent professional with vast industrial experience and Management Consultant
  • Board tenure: Member since 2000
  • Previous roles: Independent Director from 2014 to 2024, Non-Executive Director from August 21, 2024
  • Retired by rotation at the 70th Annual General Meeting held on August 4, 2026

Committee Memberships

  • Member of Nomination & Remuneration Committee, Risk Management Committee, and Corporate Social Responsibility Committee (until retirement)
  • Attended all five board meetings in FY 2025-26 and both meetings in FY 2026-27

External Directorships

  • Ace Designers Limited (Chairman of Audit Committee, Member of Nomination and Remuneration Committee)
  • Sterling Abrasive Limited (Chairman of Audit Committee)
  • Murugappa Morgan Thermal Ceramics Limited

Remuneration Details

For Financial Year ended March 31, 2026:

  • Commission: ₹29,12,000
  • Sitting Fees for board and committee meetings: ₹6,60,000
  • Future remuneration: Sitting Fees and Commission as fixed by Board within shareholder-approved limits

Shareholding and Relationships

  • Shareholding in TTK Prestige: NIL
  • Relationship with other Directors and Key Managerial Personnel: NIL

Regulatory Compliance Requirements

The special resolution is required under Regulation 17(1A) of SEBI (LODR) Regulations, 2015 as Mr. Srinivasan has attained the age of 75 years. The company has received:

  • Consent in writing to act as Director (Form DIR-2)
  • Intimation in Form DIR-8 confirming no disqualification under Section 164(2) of Companies Act, 2013

Voting Process Details

The e-voting facility is provided by KFin Technologies Limited. Mr. Parameshwar G. Hegde (Membership No. FCS 1325/CP No. 640), Company Secretary in Practice, has been appointed as Scrutinizer for the postal ballot process.

Background Context

The resolution was previously included as Item No. 4 in the 70th AGM Notice dated May 22, 2026 but was withdrawn and informed to stock exchanges and shareholders on July 30, 2026. No voting was conducted on this item at the AGM, leading to Mr. Srinivasan's retirement and the current postal ballot process.

Document Availability

The postal ballot notice is available on the company website at https://ttkprestige.com/wp-content/uploads/2026/08/Postal-Ballot-NoticeFinal10.08.pdf and will also be uploaded on BSE and NSE websites.