BRIEF-TTK Prestige Says UK Unit Enters Agreements To End JV

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BRIEF-TTK Prestige Says UK Unit Enters Agreements To End JV

Dec 8 (Reuters) - TTK Prestige Ltd TTKL.NS :

* TTK PRESTIGE -UNIT ENTERED FIRM AGREEMENTS TO END JV - HORWOOD LIFE LIMITED WITH ECOSOUL LIFE

* TTK PRESTIGE -UNIT DIVESTING ITS 51% STAKE IN THE JV.

* TTK PRESTIGE -THERE WILL BE ONETIME IMPAIRMENT TO EXTENT OF GBP 869,000 IN BOOKS OF UNIT

* TTK PRESTIGE -DECISION TAKEN BY UNIT IN LIGHT OF LONG-TERM UNCERTAINTY OVER SUPPLY-CHAIN CONSTRAINTS

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