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

-5.0%Reaction day

₹33.52

prior close

₹31.84

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.9% vs market

Civil Construction peers, median of 84sector-0.6%-4.4% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 4.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-5.0-0.1-4.9-0.6-4.4

Next day

-9.8+0.5-10.3-0.3-9.5

-14.3+1.1-15.4+0.2-14.6

-18.6+1.0-19.7+0.3-19.0

-18.7+1.4-20.1+0.6-19.3

-23.7+1.7-25.5+1.2-24.9

-19.7+2.1-21.9+0.7-20.4

15d

-20.3+3.9-24.2+1.8-22.1

-22.4+1.2-23.6-0.8-21.7

-1.3+6.7-8.0-0.4-0.9

-22.5+2.7-25.2-1.5-21.1

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 84Pending

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

AI summary

Promoter Tarun Chaturvedi's Offer for Sale (OFS) of up to 70,00,000 equity shares of Twamev Construction and Infrastructure (formerly Tantia Constructions) received bids for 40,45,046 shares on T day (May 21, 2025). This means about 29,55,000 shares in the non-retail segment went unsubscribed. As per SEBI's OFS circular rules, this unsubscribed portion will now be carried forward to T+1 day (May 22, 2025) and made available for bidding in the retail segment. The OFS is being conducted through separate windows on BSE and NSE.

Likely market impact

Retail investors get an additional chance to bid in the OFS on May 22, 2025, which could improve subscription levels and allotment chances for retail participants. The ongoing promoter sell-off may create some short-term supply pressure on the stock.