TTK Prestige Limited
Nippon India Mutual Fund increased its stake in TTK Prestige Limited from 2.89% to 3.15%, raising its shareholding from 3,959,303 shares to 4,320,311 shares.
India's largest kitchenware manufacturer, the company specializes in pressure cookers, cookware, and kitchen appliances for domestic consumers. Established in 1955 and publicly listed since 1994, it holds a commanding position in the pressure cooker segment and serves millions of households. The company has partnered with global brands to expand its portfolio into premium cookware, stoware, water filters, and gas cooktops for the mid to high-end market.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.