Announced Thu, 23 Apr · 10:31 IST

Twamev Construction and Infrastructure Limited has informed the Exchange regarding Demise of Mr. Santanu Ray, Non- Executive Independent Director of the company on April 18, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+8.7%1-day move
₹21.30
prior close
₹21.14
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AI summary

Twamev Construction and Infrastructure Limited has announced the death of Mr. Santanu Ray, who served as a Non-Executive Independent Director (DIN: 00642736) of the company. He passed away on April 18, 2026. The company noted that Mr. Ray had been associated with the company for several years and contributed significantly through his guidance and governance oversight. The company expressed deep condolences to his family. This filing is made under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

The passing of an independent director creates a vacancy on the board, which the company will need to fill to maintain the required number of independent directors for governance compliance.