The Exchange has sought clarification from Twamev Construction and Infrastructure Limited for the quarter ended 30-Jun-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is awaited.
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The National Stock Exchange has asked Twamev Construction and Infrastructure Limited to clarify discrepancies found in its financial results filed in XBRL format for the quarter ended 30 June 2025. The query is raised under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs the submission of quarterly financial results by listed companies. The company has not yet submitted its response to the exchange. Investors and analysts are awaiting the company's explanation regarding the nature of the discrepancies and any restated numbers.
This is a compliance-related clarification and not a penalty or enforcement action. However, unresolved XBRL discrepancies can lead to investor concern over the accuracy of reported financials and may cause short-term volatility in the stock once the response and any corrected figures are disclosed.