Ravi Todi has informed the Exchange regarding update on offer for sale of Twamev Construction and Infrastructure Limited
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 0.2 pts more than Nifty Microcap 250 and 0.6 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Ravi Todi, likely a promoter or major shareholder, has submitted an update to the exchange regarding the ongoing offer for sale (OFS) of Twamev Construction and Infrastructure Limited shares. The OFS allows existing shareholders to sell their holdings to other investors, typically through a separate window on the exchanges. The filing appears to be a procedural update, and specific details such as the number of shares on offer, floor price, or timing are not disclosed in the headline. Retail investors should watch for the official OFS notification for pricing and quantity details.
An OFS by a promoter can put mild selling pressure on the stock in the short term, but impact depends on the size of the sale and floor price relative to market price. Shareholders should monitor for the detailed OFS document before making decisions.