TTK Prestige Reaches Long-Term Settlement With Workers At Hosur Factory

Agreement links improved employee benefits with productivity expectations at the company’s Tamil Nadu manufacturing facility

TTK Prestige has reached a long-term settlement with permanent workers at its Hosur factory in Tamil Nadu. The agreement was finalised on 30 July 2026 and establishes revised terms covering employee benefits and productivity at the manufacturing facility.

The company disclosed the settlement to the BSE and National Stock Exchange under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The agreement provides a defined framework for the company’s engagement with permanent workers at the unit.

Agreement Covers Workforce

The settlement applies to permanent workmen employed at the Hosur facility. It establishes a long-term arrangement covering workforce benefits and productivity expectations.

The agreement replaces earlier arrangements between the company and its permanent workforce, setting out the terms applicable to employees at the manufacturing unit.

Benefits Linked To Productivity

A key component of the settlement is the connection between productivity improvements and enhanced employee benefits.

The arrangement is intended to align workforce benefits with operational productivity, creating a framework where improvements in output are accompanied by corresponding benefits for eligible employees.

For the company, the structure provides greater clarity around workforce costs and productivity expectations. For employees, it establishes revised benefits under the new long-term agreement.

Focus On Factory Operations

The settlement provides a defined framework for workforce relations at the Hosur facility. Agreements of this nature can establish clearer employment conditions and productivity expectations at manufacturing units.

For TTK Prestige, the arrangement also provides greater visibility on workforce-related terms that form part of operational planning at the Tamil Nadu facility.

Regulatory Disclosure Made

TTK Prestige communicated the settlement to the stock exchanges on 30 July 2026 through a regulatory filing signed by Manjula K V, Company Secretary and Compliance Officer.

The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, which requires listed companies to report material developments to investors.

The long-term settlement provides a structured framework for employee benefits and productivity expectations at the Hosur unit, bringing greater clarity to workforce terms at the manufacturing facility.