TTK Prestige Ltd has informed BSE regarding Outcome of Board Meeting held on October 12, 2012 the Madras High Court have sanctioned the Scheme of Amalgamation amalgamating Prestige Housewares India Limited (PHIL),a TTK Group Company with TTK Prestige Ltd. In pursuance of the High Court Order and in-principle approval from National Stock Exchange of India Limited for allotment of shares 7 the Board of Directors at their meeting held on October 12,2012 have allotted 20,106 equity share to the shareholders of Prestige Housewares India Limited viz.Mr. TT Jagannathan jointly with Mr.TT Raghunathan.