Twamev Construction and Infrastructure Limited has informed the Exchange regarding 'Disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011'.
TICL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Tarun Chaturvedi has disclosed that during FY 2025-26, he created a pledge on 1,20,07,607 equity shares which has since been fully released. The total shareholding of Tarun Chaturvedi and Persons Acting in Concert (PACs) stands at 13,02,98,301 shares representing 84.08% of the company's equity. The disclosure confirms that currently there is no encumbrance (pledge or other) on any of the promoter shares. Major PACs include Ravi Todi (31.79%), GEO Infrastructure Advisory LLP (12.90%), Upendra Singh Constructions Pvt Ltd (12.50%), and Tarun Chaturvedi himself (13.76%).
The release of the pledge is a positive development for shareholders as it removes uncertainty around potential share disposal by promoters. The promoter group continues to hold a dominant 84.08% stake in the company.