FilingReader Intelligence
TTK Prestige offers voluntary retirement scheme at Hosur unit
October 31, 2025 at 07:30 AM UTC•By FilingReader AI
TTK Prestige Limited has introduced a voluntary retirement scheme for workmen at its Hosur factory.
As of the announcement date, approximately 43 workmen have opted to retire under the scheme, with further acceptances anticipated by the closing date of November 1, 2025. The company believes this VRS implementation will be mutually beneficial for both the workmen and the company.
The estimated financial impact of the scheme is approximately ₹9.5 crores.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:TTKPRESTIG•Bombay Stock Exchange
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