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Incorporated in 1964, Tantia Constructions Ltd is engaged in executing critical infrastructure projects.
Twamev Construction's FY26 standalone profit dropped to 9.10 Cr (from 55.61 Cr) on 68.55 Cr revenue (from 163.89 Cr). The company is in recovery, with a new CEO appointed. Promoters' stake reduced to 84.06% for compliance. Ongoing arbitration exists over pledged shares, with significant fines for past non-compliances. No dividend...
Twameyv Construction clarified its delayed COO resignation disclosure, attributing it to an inadvertent error by the Compliance Officer. The company apologized, assuring swift internal measures to prevent future disclosure delays and boost transparency.
Twamev Construction's promoter group sold 1,652,777 shares, representing a 1.07% stake. The financial value of this significant shareholding change is currently pending. This update highlights a notable shift in promoter ownership.
Twamev Construction's promoter, Mr. Ravi Todi, reported no sale of his equity shares, maintaining his significant stake. He continues to hold 4.93 Cr shares, representing 31.79% of the company's total equity. This disclosure confirms no change in promoter shareholding.
Twamev Construction's promoter, Shrish Tapuria, sold 9.75 lakh equity shares in the open market. This reduces his stake from 5.26% to 4.63%. This operational change reflects a reduction in promoter holding.