Shrish Tarpuria and Tarun Chaturvedi has informed the Exchange regarding update on offer for sale of Twamev Construction and Infrastructure Limited

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

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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-1.0% vs market

Civil Construction peers, median of 83sector-0.5%-0.8% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.8 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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AI summary

Promoters Shrish Tapuria and Tarun Chaturvedi are conducting an Offer for Sale (OFS) of up to 85 lakh equity shares of Twamev Construction and Infrastructure Limited (formerly Tantia Constructions Ltd) through the stock exchange mechanism. On T Day (August 4, 2025), which was reserved for non-retail investors, bids were received for only about 20.18 lakh shares — roughly 24% of the base offer size, indicating significant undersubscription. As per SEBI OFS rules, the unsubscribed portion will be carried forward to T+1 day (August 5, 2025) and offered to retail investors, along with non-retail bidders whose bids were unallocated.

Likely market impact

Weak non-retail demand suggests limited institutional interest in the OFS at the discovered price. Retail investors get a second chance to bid on August 5, but the overall undersubscription is a soft signal and could put pressure on the stock price post-OFS as supply overhang remains.