Twamev Construction and Infrastructure Limited has informed the Exchange about Intimation of Demise of an Independent Director of the Company.
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Mr. Santanu Ray, an Independent Director and Chairman of the Audit Committee at Twamev Construction and Infrastructure Limited, has passed away. The company informed exchanges on April 18, 2026 about his demise, describing it as an irreparable loss. Mr. Ray had served the company for several years, providing guidance on governance and financial oversight. The company has not disclosed any immediate plans for replacing him or filling the Audit Committee chair position.
The loss reduces the board's independent oversight and leaves the Audit Committee without its chairman. Until a replacement is appointed, corporate governance and audit functions may be impacted, which could concern investors.