Twamev Construction and Infrastructure Limited
Incorporated in 1964, Tantia Constructions Ltd is engaged in executing critical infrastructure projects.
What Twamev files
- Others46
- Updates38
- Important36
- Board Meeting14
- Results7
- QIP/Rights/Pref.7
Twamev Construction reports Q1 profit of ₹0.51 Cr on ₹11.04 Cr revenue. Mr. Biswajit Chakraborty is appointed CEO. A ₹221 Cr resolution plan is pending NPA status upgrade. Auditors noted significant issues with subsidiaries regarding asset recovery, large arbitration claims, and unresolved loan matters.
Twamev appointed Biswajit Chakraborty as CEO. Q1 saw standalone profit of 0.51 Cr but consolidated loss of 0.17 Cr. Major concerns: 221 Cr resolution plan for NPA status & a subsidiary's 986.18 Cr arbitration claim. Promoters sold 2.09% stake.
Twamev Construction announces the resignation of its Chief Operating Officer, Mr. Debajyoti Debnath. He has stepped down to explore new professional opportunities, marking a significant leadership change for the company.
Twamev Construction disclosed that COO Debajyoti Debnath has resigned. The company accepted his departure to pursue new professional opportunities. This updates a previous board announcement.
Twamev Construction's board approved financial results for the year ended March 31. Consolidated results received a qualified audit opinion due to unquantified impacts from subsidiary issues like loan interest, arbitration claims, and NPA status. Revenue was 67.45 Cr (down from 84.86 Cr); Net Profit fell to 7.65 Cr (from 55.98...