Mr. Tarun Chaturvedi has informed Twamev Construction and Infrastructure Limited regarding release of Pledge of Shares
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On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 3.8 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Mr. Tarun Chaturvedi has released a pledge on 25,07,607 equity shares (about 1.62% of total share capital) of Twamev Construction and Infrastructure Limited, held with lender Jaswik Traders Private Limited. The original pledge was created to secure a working capital loan. This release happened on 24th September 2025, reducing the promoter's encumbered shares from 65,00,000 (4.19%) to 39,92,393 (2.56%). The promoter's total holding in the company remains unchanged at 2,53,21,156 shares (16.34% of paid-up capital). The disclosure is being made under SEBI (SAST) and (PIT) regulations to both BSE and NSE.
Pledge releases are generally viewed as a positive signal, as they reduce the promoter's encumbered holdings and lower the risk of forced share sales. However, the overall encumbrance level is still relatively small at 2.56%, and there is no change in the promoter's actual shareholding, so the stock price impact is likely to be limited.