Promoter Ravi Todi to sell 1.94% stake to meet minimum public shareholding norms

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

TICL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹19.31

prior close

₹19.51

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+0.2% vs market

Civil Construction peers, median of 93sector+0.3%+0.7% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.7 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.0

15m

-0.8

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.8+0.2+0.3+0.7

Next day

+1.4+1.7-0.3+0.9+0.5

-0.3+0.9-1.3+0.3-0.6

-2.5+0.8-3.4+0.0-2.5

-11.2+0.2-11.4-1.1-10.1

-20.5-0.1-20.4-1.2-19.3

-28.2+1.1-29.3-0.9-27.3

15d

-36.3+2.5-38.9-2.3-34.0

-49.4+1.2-50.6-5.2-44.2

-49.2+4.9-54.2-8.5-40.8

-69.7+5.8-75.5-10.6-59.1

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 93Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Ravi Todi plans to sell 30 lakh equity shares (1.94% of paid-up capital) of Twamev Construction and Infrastructure Ltd through the open market between June 22 and June 30, 2026. The sale aims to meet the minimum public shareholding (MPS) requirement under SEBI and SCRR rules. This 1.94% divestment alone will not fulfil the full MPS obligation, and the company will use other methods to achieve complete compliance.

Likely market impact

Small near-term supply on the stock from open market selling, but the sale is regulatory-driven and not a negative on business fundamentals.