The Exchange had sought clarification from Twamev Construction and Infrastructure Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted is not as per format prescribed by SEBI -2. The company has not submitted declaration in case of unmodified opinion(s) The response of the Company is enclosed.

Twamev Construction has resubmitted its audited financial results for the quarter and year ended 31 March 2025 in the correct SEBI format after the exchanges flagged earlier submissions as non-compliant. The company also filed the required declaration that its statutory auditor, M/s J. Jain & Co, issued an unmodified opinion on the standalone results. However, the auditor issued a modified opinion on the consolidated results, citing issues in subsidiary accounts and ongoing disputes. Revenue from operations rose sharply to Rs 84.86 crore (from Rs 53.05 crore), helped by a Rs 106.72 crore arbitration award income, though the company also booked Rs 44.33 crore in exceptional provisions for unbilled revenue and doubtful debts. The board also re-appointed the statutory, internal, cost, and secretarial auditors, including a fresh 5-year term for the statutory auditor until 2030-31.