Announced Fri, 3 Apr · 13:43 IST

Twamev Construction and Infrastructure Limited has informed the Exchange regarding 'Disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011'.

Pledge ReleasedPledge Above 50pctOwnership Changes View source PDFExplain this filing

TICL · price

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Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹23.25
prior close
₹23.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.1-0.4-1.0+4.8+3.7+5.1+2.3+0.2-10.5+2.8+1.9-4.0-44.0
Up moveDown movePending
AI summary

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%).

Likely market impact

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.