Twamev Construction and Infrastructure Limited has informed the Exchange about Declaration under Regulation 31(1) and Regulation 31(3) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
TICL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 2.6 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Promoter Mr. Tarun Chaturvedi (holding 2,53,20,886 shares, or 16.34% of the company) has initiated the creation of a pledge over 1,60,00,000 (1.6 crore) equity shares in favour of Jaswik Traders Private Limited, representing about 63% of his personal holding and 6.01% of the company's total share capital. The pledge is being created to secure a Loan Against Securities facility, with the proceeds intended for the company's working capital needs. The disclosure was filed under SEBI's SAST Regulations and the encumbrance falls under Chapter V of the Takeover Regulations. The date of the event is 14th August 2025.
No change in overall promoter ownership — the promoter still holds 16.34% — but about 63% of his shares are now encumbered, raising some risk for shareholders if the loan is not serviced. Investors should watch for any pledge invocation or release announcements in the future.