CHENNAI: TT Jagannathan, Chairman Emeritus of kitchen appliance maker TTK Prestige Ltd, passed away in Bengaluru late on Thursday. He was the nephew of TT Krishnamachari, founder of the TTK Group and former Finance Minister of India. Jagannathan was often referred to as “The Kitchen Mogul.”
In a filing with the stock exchanges, TTK Prestige Ltd said:
“In compliance with Regulations 30 and 31A(6)(c) of the SEBI (LODR) Regulations, 2015, we regret to inform you that the Company was intimated today about the sudden demise of Mr. TT Jagannathan — Chairman Emeritus, belonging to the Promoter and Promoter Group of the Company, on October 9, 2025. His sudden and unexpected passing away will be an irreparable loss to the Company, and all the Directors and employees convey their deep sorrow and condolences to his family.”
Jagannathan held 42,41,868 shares (3.10%) as part of the promoter group. A gold medallist from IIT-Madras, he also earned a PhD in Operations Research from Cornell University, USA.
He had served on the company’s board for over five decades and authored the book “Disrupt and Conquer: How TTK Prestige Became a Billion Dollar Company.” Jagannathan was instrumental in turning around the TTK Group and making it a debt-free enterprise.
He is credited with revolutionising India’s pressure cooker industry through the introduction of the ‘gasket release system’, which became a hallmark of safety and innovation.
On September 17, another member of the promoter group, TT Venkatesh of TT Krishnamachari & Co, had also passed away.
