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T T Ltd Capital/Financing Update 2024

Dec 12, 2024

61763_rns_2024-12-12_48a4a688-8e5f-46dd-95b9-f6a371df57f7.pdf

Capital/Financing Update

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TTL/SEC/2024-25

12[th] December, 2024

M/s National Stock Exchange of India Ltd.“ Bombay Stock Exchange Limited Exchange Plaza” Floor 35, P.J.Towers Plot No. C/1, G Block Dalal Street Bandra Kurla Complex Mumbai-400001 Bandra (E), Mumbai-400051 Fax-022-22722061/41/39/37 Ph.: 022-26598100-8114 Scrip Code: TTL Scrip Code : 514142

Sub: Press release

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith a Press Release titled “T T LIMITED

EXPANDING PRODUCTION BASE”.

You are requested to take the above press release on record.

Thanking You,

Yours Sincerely For TT Limited

Digitally signed PANKAJ by PANKAJ MISHRA MISHRA Date: 2024.12.12 17:18:01 +05'30'

Pankaj Mishra Company Secretary

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T T LIMITED, NEW DELHI

PRESS NOTE

T T LIMITED EXPANDING PRODUCTION BASE

Howrah Project of T.T. Limited in West Bengal Hosiery Park, Howrah, West Bengal is progressively about to complete construction work and START Warehousing & Production of Innerwear, undergarments, garments and fabric very soon.

Vaastu Puja and Havan has been done today morning at the new factory ground floor in the presence of Shri Sanjay Kumar Jain, Managing Director, Smt. Jyoti Jain, Jt. Managing Director, T.T. Group Director, Shri Hardik Jain, Ms. Muskaan Jain, Kolkata Executives and Staffs.

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After installation of machinery and other facilities required, manufacturing production will start before end February, 2025 and add significantly complete production output and sale turnover in the year 2025-26. Warehousing activities will start immediately at the site from today itself.

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Kolkata is the first hub of Hosiery Industry as more than a century back first hosiery unit was set up in Kolkata in 1892. In such a hosiery manufacturing centre, TT Limited will be able to increase its production base speedily.

Since beginning of T.T. Brand in 1964, Kolkata continues to be an important production location. Being an important hosiery and garments manufacturing hub and a major serving garment sale centre for Eastern state like Assam, Orissa, Bengal, Bihar, Jharkhand. Kolkata industry infrastructure would help company to increase its sale in Eastern India on a larger scale.

Company has started expanding its fabric sale on PAN India basis from Surat as a pre cursor to projected manufacturing base in Surat under consideration of the Company to ensure Company’s growth. Export Possibilities of Garments has improved and Company has received huge orders from Overseas as well as Domestic sector. This is result of infusion of young blood, Group Director, Hardik Jain who has recently joined as Group Director after completion of his graduation from Melbourne University, Australia.

Further Ms. Muskaan Jain, Daughter of Shri Sanjay Kumar Jain and Smt. Jyoti Jain is also likely to join TT Group after completion of MBA from London Business School. She is having 3 years garment business experience and would certainly play her part in faster growth of TT Brand production and sales.

Place: New Delhi

Sanjay K. Jain Managing Director

Date: 12[th] December, 2024