Final Disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 by the Company.
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Mr. Tarun Chaturvedi, promoter of Twamev Construction and Infrastructure Ltd, has pledged 1,60,00,000 equity shares (10.32% of total share capital) in favour of Jaswik Traders Private Limited to secure a working capital loan. Before the pledge, Mr. Chaturvedi held 2,53,21,156 shares (16.33% of total equity) of the company. After this pledge creation on 14 August 2025, his unencumbered (free) shareholding drops to 93,21,156 shares (6.01%), while 1.60 crore shares remain encumbered. The disclosure was filed under SEBI SAST Regulation 29(2) on 27 August 2025 and submitted to both BSE and NSE. Total equity share capital of the company stands at 15,50,00,000 shares of Re. 1 each.
The promoter's freely available stake has shrunk sharply from 16.33% to just 6.01%, indicating rising leverage at the promoter level. Shareholders should monitor this closely as any sharp drop in share price could trigger pledge-related risks.