Twamev Construction and Infrastructure Limited has informed the Exchange about Declaration under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
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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.
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Promoter Tarun Chaturvedi has pledged 1,60,00,000 equity shares (10.32% of total share capital) of Twamev Construction and Infrastructure Limited with Jaswik Traders Private Limited on 14th August 2025. The pledge was created to secure a Loan Against Securities (Shares) facility. Before the transaction, the promoter held 2,53,20,886 shares (16.34%) with no shares encumbered; after the pledge, 1.6 crore of these shares are now encumbered, leaving 93,20,886 unencumbered voting shares (6.01%). The total equity share capital of the company is 15,50,00,000 shares of Re. 1 each.
Over 63% of the promoter's entire holding is now pledged as collateral for a loan, which is a high pledging ratio and signals financial pressure or leverage at the promoter level. If the promoter fails to service the loan, the pledgee could invoke the shares, leading to potential equity dilution or change in promoter control — a key risk for existing shareholders to monitor.