Promoter to sell 10 lakh shares for MPS compliance
TICL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 10.2 pts less than Nifty Microcap 250 and 10.0 pts less 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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Mr. Shrish Tapuria, a promoter of Twamev Construction and Infrastructure, plans to sell 10 lakh equity shares (about 0.65% of total equity capital) through the open market on June 30, 2026. The sale aims to help the company achieve the minimum 25% public shareholding required by SEBI. This single transaction alone will not meet the full MPS requirement, and the company will use other permitted methods to fully comply with regulations.
Mildly negative near-term as share supply rises; necessary for regulatory compliance. Could pressure the stock around the sale date.