Ravi Todi have informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 1,57,03,800 Equity shares of face value of INR 1/- each of Twamev Construction and Infrastructure Limited. Date and time of the opening of the offer for Non-Retail Investors: November 18, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: November 18, 2025 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: November 19, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: November 19, 2025 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 32.50/- (Rupees Thirty Two and Fifty Paisa Only)
TICL · price
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Ravi Todi (a promoter/promoter group member) is selling up to 1,57,03,800 equity shares of Twamev Construction and Infrastructure Limited through the stock exchange OFS mechanism. The floor price has been set at INR 32.50 per share. Non-Retail Investors can bid on November 18, 2025 between 9:15 AM and 3:30 PM, while Retail Investors get a separate window on November 19, 2025 from 9:15 AM to 3:30 PM. The sale will happen on a dedicated stock exchange window on each day. This is a promoter offloading of shares, which increases the floating supply available in the market.
Existing shareholders may see short-term selling pressure as a large block of promoter-held shares enters the market. Retail investors get a chance to buy directly from the promoter at or above the floor price of INR 32.50, often with a small discount to the market price.