Announced Tue, 2 Sept · 12:21 IST

Twamev Construction and Infrastructure Limited has informed the Exchange about Final Declaration under Regulation 29(2) of SEBI (SAST) Regulations, 2011 by Tarun Chaturvedi.

Ownership Changes View source PDF

TICL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Twamev Construction and Infrastructure Limited has submitted to the NSE a final declaration under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, filed by Tarun Chaturvedi. Regulation 29(2) declarations are typically submitted by an acquirer or promoter to close out their obligations after triggering the Takeover Code, usually after completing an open offer or crossing the disclosure threshold. The full details of the acquisition, including number of shares, price, and post-declaration holding, are not visible in the headline alone, so the exact nature of the transaction cannot be confirmed from the information provided.

Likely market impact

Final SAST declarations generally signal that a takeover-related transaction (open offer or substantial acquisition) has been formally closed, which can bring clarity to the shareholding pattern but may not by itself move the stock unless the size or identity of the acquirer is material.