Twamev Construction and Infrastructure Limited (TICL) — Announcement

· NSE Neutral
📢 Key Event
Promoter proposes open market sale of 10 lakh shares to meet MPS norms
💡 Investor Takeaway
This sale ensures regulatory compliance but does not fully satisfy MPS obligations, indicating ongoing compliance efforts.

Twamev Construction and Infrastructure Limited announced that promoter Shrish Tapuria intends to sell 10 lakh equity shares, representing 0.65% of the total paid-up capital, via an open market transaction on June 30, 2026, to meet SEBI's Minimum Public Shareholding (MPS) requirement under SCRR and Listing Regulations. The sale is part of a broader compliance plan, with written undertakings confirming no share purchases during the sale period and adherence to insider trading and takeover norms. This transaction ensures regulatory compliance but does not fully satisfy MPS obligations alone.

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About Twamev Construction and Infrastructure Limited (TICL)

Construction · Construction · Listed on NSE

Market Cap: ₹372.62 Cr P/E: -30.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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