Twamev Construction and Infrastructure Limited has informed the Exchange about Release of Pledge of Shares
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Promoter Mr. Tarun Chaturvedi has released a pledge on 25,07,607 equity shares (about 1.62% of total share capital) of Twamev Construction and Infrastructure Limited. These shares were part of 65 lakh shares previously pledged with Jaswik Traders Private Limited as security for a working capital loan. After this release, the promoter's total holding stays at 2,53,21,156 shares (16.34%), but encumbered (pledged) shares have come down from 65,00,000 (4.19%) to 39,92,393 (2.56%). The free/non-encumbered promoter shares now stand at 2,13,28,763 (13.76%). The transaction was completed on 24th September 2025 and disclosed to BSE and NSE under SEBI SAST and Insider Trading regulations.
Release of pledged shares is generally seen as a positive signal, as it reduces the risk of forced selling and may indicate improved financial flexibility or loan repayment by the promoter. Total promoter ownership remains unchanged, but the proportion of unencumbered shares has increased.