Aug 30 (Reuters) - TTK Prestige Ltd TTKL.NS :
* ENTERING INTO DEFINITIVE AGREEMENTS FOR ACQUISITION OF OTHE BUSINESS OF ECOLIFE INTERNATIONAL PTY LIMITED
* COMPLETION OF LEGAL FORMALITIES, CO'S UNIT HORWOOD WILL OWN 51% OF A NEW SUBSIDIARY WHICH WILL HOUSE THE ECOLIFE BUSINESS
* WILL PARTICIPATE IN THIS ACQUISITION BY INVESTING THROUGH ITS 100% UK SUBSIDIARY TTK BRITISH HOLDINGS LIMITED
* INITIAL CAPITAL CONTRIBUTION BY TTK PRESTIGE WILL BE IN THE REGION OF GBP 1.25 MILLION
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