TTK Prestige Limited
Nalanda Capital trimmed its stake in TTK Prestige from 3.36% to 3.31%, selling 75,500 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.
Singapore-based investment firm founded in 2007 by Pulak Prasad, formerly co-head of Warburg Pincus in India. It invests only in listed Indian companies, taking large, long-held stakes in a small number of high-quality mid and small caps and rarely selling. It manages about US$5 billion, mainly for US endowments, foundations and family offices, and holds stakes of up to about 10% in companies like Cera Sanitaryware, AIA Engineering, Amara Raja, Page Industries and Jyothy Labs.