Twamev Construction Board meets on May 29 for FY26 results

1 min read Updated on 21 May 2026, 11:07 AM

Reviewed by

Naman SScanX News Team

AI Summary

Twamev Construction and Infrastructure Limited will hold a board meeting on May 29, 2026, to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The trading window for designated persons, closed since April 1, 2026, is set to reopen 48 hours after the results are announced to the exchanges.

*this image is generated using AI for illustrative purposes only.

Twamev Construction and Infrastructure Limited has announced that its board meeting is scheduled to be held on Friday, May 29, 2026. The primary agenda of the meeting is to consider, approve, and take on record the audited financial results of the company for the quarter and year ended March 31, 2026. These results will include both standalone and consolidated figures.

In compliance with regulatory requirements, the company has informed the stock exchanges about the upcoming meeting. The intimation was sent to BSE Limited and the National Stock Exchange of India Limited, where the company's equity shares are listed.

Trading Window Closure

Pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct, the trading window for designated persons has been closed since April 1, 2026. This measure is implemented to prevent insider trading during the period leading up to the financial results announcement.

The trading window will remain closed until 48 hours after the company announces the financial results to the stock exchanges. This ensures that all material information is publicly available before trading resumes for designated persons.

Key Meeting Details

Detail	Information
Meeting Date	May 29, 2026
Purpose	Audited Financial Results for Q4 and FY26
Financial Year End	March 31, 2026
Trading Window Closure	From April 1, 2026
Trading Window Reopens	48 hours post-result announcement

How might Twamev Construction and Infrastructure's FY26 revenue and profit margins compare to the previous fiscal year, given the current infrastructure spending trends in India?

What impact could the government's infrastructure pipeline and capital expenditure allocation have on Twamev's order book outlook for FY27?

Will the company announce any dividend, bonus shares, or capital restructuring decisions alongside the Q4 FY26 financial results at the board meeting?

Postal Ballot Process and Timeline

The postal ballot notice was dated March 28, 2026, and the record date for determining eligible shareholders was Friday, April 3, 2026, on which a total of 15,653 shareholders were on record. The e-voting facility, provided by Central Depository Services (India) Limited (CDSL), was open from Tuesday, April 14, 2026 at 9:00 A.M. (IST) through Wednesday, May 13, 2026 up to 5:00 P.M. (IST). Upon closure of the e-voting window, the CDSL voting portal was blocked, and votes were unblocked in the presence of two independent witnesses.

Mr. Mohan Ram Goenka (FCS No. 4515, CP No. 2551), Partner of M/s MR & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer by the Board of Directors to oversee the postal ballot process in a fair and transparent manner. The scrutinizer's report was issued to the company on May 14, 2026.

Voting Results: Special Resolution

The sole resolution put to vote sought approval for the appointment of Ms. Suparna Chakrabortti as an Independent Director for a period of five years. A total of 84 members participated through the remote e-voting platform. The following table summarises the overall voting outcome:

Particulars:	No. of Members	No. of Votes	Percentage (%)
Assent	69	68,376,146	99.9930
Dissent	15	4,747	0.0070
Total	84	68,380,893	100.00
Invalid/Abstain	—	—	—

The resolution was passed with the requisite majority, with 99.9930% of votes cast in favour.

Category-Wise Voting Breakdown

The detailed voting data across shareholder categories is presented below:

Category:	Shares Held	Votes Polled	% Polled on Outstanding Shares	Votes in Favour	Votes Against	% in Favour on Votes Polled	% Against on Votes Polled
Promoter and Promoter Group	130,298,301	68,355,676	52.4609	68,355,676	0	100.0000	0.0000
Public – Institutions	181,880	64	0.0352	64	0	100.0000	0.0000
Public – Non Institutions	24,519,819	25,153	0.1026	20,406	4,747	81.1275	18.8725
Total	1,550,000,000	68,380,893	44.1167	68,376,146	4,747	99.9931	0.0069

There were zero invalid votes across all shareholder categories. The Promoter and Promoter Group voted entirely in favour, while Public Institutional shareholders also cast all votes in favour. Among Public Non-Institutional shareholders, 81.1275% of votes polled were in favour and 18.8725% were against.

Compliance and Certification

The scrutinizer certified that the special resolution, as contained in the postal ballot notice dated March 28, 2026, was passed with the requisite majority. The voting results were submitted to BSE Limited and the National Stock Exchange of India Limited on May 14, 2026, in accordance with Regulation 44(3) of the SEBI Listing Regulations. All relevant records of the voting process maintained in electronic mode are to be handed over to the Chairperson or Company Secretary for safe preservation as per the provisions of the Companies Act, 2013. The filing was signed by Neha Saraf, Company Secretary (Membership No. A52479), on behalf of Twamev Construction and Infrastructure Limited.

How might Ms. Suparna Chakrabortti's appointment as Independent Director influence Twamev Construction's corporate governance strategy and board composition going forward?

Given that nearly 19% of public non-institutional shareholders voted against the resolution, what steps might the company take to address minority shareholder concerns in future governance decisions?

How could the rebranding from Tantia Constructions Limited to Twamev Construction & Infrastructure Limited impact the company's positioning in upcoming infrastructure project bids?